Baozun Inc. BZUN was a big mover last session, as the company saw its shares rise 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 28.7% since Nov 13, 2015.
None of the estimates for this IT services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Wednesday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Baozun currently carries a Zacks Rank #4 (Sell).
A better-ranked stock in the same industry is Citigroup Inc. CTG, carrying a Zacks Rank #2 (Buy).
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