Price Action To Observe: It Seems Baozun Inc (ADR) Will Go Down. Have Another Big Decline

Price Action To Observe: It Seems Baozun Inc (ADR) Will Go Down. Have Another Big Decline

The stock of Baozun Inc (ADR) (NASDAQ:BZUN) is a huge mover today! The stock decreased 3.83% or $0.64 on November 16, hitting $16.05. About 711,662 shares traded hands or 47.77% up from the average. Baozun Inc (ADR) (NASDAQ:BZUN) has risen 161.60% since April 14, 2016 and is uptrending. It has outperformed by 156.91% the S&P500.
The move comes after 7 months negative chart setup for the $851.71M company. It was reported on Nov, 16 by Barchart.com. We have $14.77 PT which if reached, will make NASDAQ:BZUN worth $68.14 million less.

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 news for Baozun Inc (ADR) (NASDAQ:BZUN) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on April 22, 2015. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on May 14, 2015 is yet another important article.

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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