Jumei International Holding Limited American Depos (NYSE:JMEI)’s Stock Is Buy After Less Market Selling

The stock of Jumei International Holding Limited American Depos (NYSE:JMEI) registered a decrease of 17.05% in short interest. JMEI’s total short interest was 1.11M shares in September as published by FINRA. Its down 17.05% from 1.34M shares, reported previously. With 484,200 shares average volume, it will take short sellers 2 days to cover their JMEI’s short positions.

The stock increased 6.10% or $0.13 during the last trading session, reaching $2.26. About 379,775 shares traded or 46.86% up from the average. Jumei International Holding Limited (NYSE:JMEI) has risen 12.94% since September 13, 2018 and is uptrending. It has outperformed by 12.94% the S&P500.

Jumei International Holding Limited operates as an online retailer of beauty products in the PeopleÂ’s Republic of China. The company has market cap of $280.42 million. The firm offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It has a 4.17 P/E ratio. It also provides apparel and other lifestyle products, including womenÂ’s wear, footwear, lingerie, handbags and luggage, menÂ’s wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, as well as baby, children, and maternity products; and snacks and health supplements.

More notable recent Jumei International Holding Limited (NYSE:JMEI) news were published by: Seekingalpha.com which released: “Highpower International Receives Non-Binding Buyout Proposal From CEO – Seeking Alpha” on June 05, 2018, also Seekingalpha.com with their article: “Is Jumei Worth The Risk? – Seeking Alpha” published on April 05, 2016, Globenewswire.com published: “Jumei Announces US$27.6 Million in Share Repurchase Since April 2018 – GlobeNewswire” on July 23, 2018. More interesting news about Jumei International Holding Limited (NYSE:JMEI) were released by: Seekingalpha.com and their article: “Jumei: Significant Upside From Q3 Earnings And Overselling – Seeking Alpha” published on October 03, 2014 as well as Finance.Yahoo.com‘s news article titled: “Why Jumei International Holdings Stock Popped Today – Yahoo Finance” with publication date: May 28, 2019.

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