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Equities researchers at Piper Jaffray began coverage on shares of Jumei International Holding Ltd(ADR) (NYSE:JMEI) in a research report issued on Tuesday. The firm set a “neutral” rating on the stock.

Jumei International Holding Lt (NYSE:JMEI) traded up 0.82% during mid-day trading on Tuesday, hitting $30.71. The stock had a trading volume of 977,565 shares. Jumei International Holding Lt has a 52 week low of $22.00 and a 52 week high of $32.49. The stock’s 50-day moving average is $26.47 and its 200-day moving average is $26.47. The company has a market cap of $4.395 billion and a price-to-earnings ratio of 204.43.

Jumei International Holding Ltd is an online retailer of beauty products. The Company has sold over 30,000 stock keeping units (NYSE:JMEI) of beauty products.

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