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Research analysts at Oppenheimer began coverage on shares of Jumei International Holding Ltd(ADR) (NYSE:JMEI) in a report released on Wednesday. The firm set an “outperform” rating on the stock.

Separately, analysts at Piper Jaffray initiated coverage on shares of Jumei International Holding Ltd(ADR) in a research note on Tuesday, June 10th. They set a “neutral” rating on the stock.

Shares of Jumei International Holding Lt (NYSE:JMEI) traded up 1.03% during mid-day trading on Wednesday, hitting $26.41. 1,270,132 shares of the company’s stock traded hands. Jumei International Holding Lt has a one year low of $22.00 and a one year high of $32.49. The stock’s 50-day moving average is $26.91 and its 200-day moving average is $26.91. The company has a market cap of $3.780 billion and a P/E ratio of 175.44.

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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