Baozun (BZUN) : Traders are bullish on Baozun (BZUN) as it has outperformed the S&P 500 by a wide margin of 34.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 14.8%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 14.86% in the last 1 week, and is up 36.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 22.42% and the 50-Day Moving Average is 32.53%. Baozun (NASDAQ:BZUN): The stock was completely flat for the day, closing at $9.43 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $9.23, the stock touched an intraday high of $9.64 and a low of $9.02. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $9.43. The total trading volume on Friday was 613,433.
Institutional Investors own 10.77% of Baozun shares.
Baozun Inc., formerly Baozun Cayman Inc., is a holding company. The Company through its wholly owned subsidiary, Shanghai Baozun E-Commerce Limited, provides e-commerce solutions in China. The Company is a digital and e-commerce service partner in China. The Company is engaged in providing 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 Companys services include e-commerce, marketing, store operations, warehousing and logistics, customer service and omni-channel solutions. It partners with nationwide and local logistics services providers and has approximately 94 brand partners. The Company operates over five warehouses.