The stock of Baozun Inc (ADR) (NASDAQ:BZUN) hit a new 52-week high and has $23.27 target or 36.00% above today’s $17.11 share price. The 6 months bullish chart indicates low risk for the $861.51 million company. The 1-year high was reported on Oct, 5 by Barchart.com. If the $23.27 price target is reached, the company will be worth $310.14 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 108,351 shares traded hands. Baozun Inc (ADR) (NASDAQ:BZUN) has risen 189.59% since March 2, 2016 and is uptrending. It has outperformed by 181.34% the S&P500.
Analysts await Baozun Inc (ADR) (NASDAQ:BZUN) to report earnings on November, 28.
According to Zacks Investment Research, “Baozun Inc. offers digital and e-commerce service primarily in China. The Company’s services include website design, development and hosting, information technology infrastructure, customer service, warehousing and logistics services as well as digital marketing. Baozun Inc. is based in SHANGHAI, China.”
More recent Baozun Inc (ADR) (NASDAQ:BZUN) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 21, 2015. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on May 14, 2015. Businessfinancenews.com‘s news article titled: “Alibaba Group Holding Backed Baozun Inc (ADR) (BZUN) Stock Up Despite Earnings …” with publication date: August 19, 2015 was also an interesting one.
BZUN Company Profile
Baozun Inc. is a brand e-commerce solutions company. The Firm is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment. The Company’s divisions include the brand e-commerce segment, which provides brand-e-commerce solutions to its brand partners, including IT services, store operations, digital marketing, customer services, warehousing and fulfillment, and the Maikefeng segment that operates its retail online platform, Maikefeng, which operates as a mobile application and offers branded products at discounted prices. The Company’s e-commerce capabilities encompass the e-commerce value chain, including information technology (IT) solutions, online store operation, digital marketing and customer service. The Company’s subsidiaries include Baozun Hong Kong Holding Limited, Shanghai Baozun E-Commerce Limited, Shanghai Bodao E-Commerce Limited, Shanghai Yingsai Advertisement Limited, Baozun Hongkong Limited, Shanghai Fengbo E-Commerce Limited and Baozun Hongkong Investment Limited.
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