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Baozun (BZUN) Shows Strength: Stock Moves Up 7% in Session
Baozun Inc. (BZUN - Free Report) was a big mover last session, as the company saw its shares rise up to 7% on the day. The upside was driven by the company’s improved results for the first quarter of 2017. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 32% in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Baozun currently has a Zacks Rank #3 (Hold).
Baozun Inc. Price
Baozun Inc. Price | Baozun Inc. Quote
A top-ranked stock in the Computers – IT Services industry is Amdocs Limited (DOX - Free Report) carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is BZUN going up? Or down? Predict to see what others think: Up or Down
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