Jumei International Holding Limited (NYSE:JMEI) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Thursday.

Separately, ValuEngine downgraded Jumei International Holding Limited from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.

Jumei International Holding Limited (JMEI) traded up 0.92% during mid-day trading on Thursday, hitting $2.20. 262,849 shares of the company traded hands. The company’s 50-day moving average price is $2.74 and its 200 day moving average price is $3.70. Jumei International Holding Limited has a one year low of $2.00 and a one year high of $6.19. The company has a market capitalization of $190.06 million, a price-to-earnings ratio of 15.71 and a beta of 1.64.

COPYRIGHT VIOLATION NOTICE: “Jumei International Holding Limited (NYSE:JMEI) Stock Rating Upgraded by BidaskClub” was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/07/16/jumei-international-holding-limited-nysejmei-stock-rating-upgraded-by-bidaskclub.html.

A number of institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its position in Jumei International Holding Limited by 53.4% in the fourth quarter. State Street Corp now owns 531,460 shares of the specialty retailer’s stock worth $2,662,000 after buying an additional 184,997 shares during the period. Renaissance Technologies LLC increased its position in Jumei International Holding Limited by 15.1% in the fourth quarter. Renaissance Technologies LLC now owns 2,294,800 shares of the specialty retailer’s stock worth $11,497,000 after buying an additional 301,700 shares during the period. GSA Capital Partners LLP increased its position in Jumei International Holding Limited by 92.5% in the fourth quarter. GSA Capital Partners LLP now owns 33,842 shares of the specialty retailer’s stock worth $170,000 after buying an additional 16,265 shares during the period. Guggenheim Capital LLC increased its position in Jumei International Holding Limited by 119.8% in the fourth quarter. Guggenheim Capital LLC now owns 50,439 shares of the specialty retailer’s stock worth $253,000 after buying an additional 27,495 shares during the period. Finally, SG Americas Securities LLC increased its position in Jumei International Holding Limited by 21.7% in the first quarter. SG Americas Securities LLC now owns 414,198 shares of the specialty retailer’s stock worth $1,528,000 after buying an additional 73,800 shares during the period. 31.03% of the stock is owned by hedge funds and other institutional investors.

About Jumei International Holding Limited

Jumei International Holding Limited is an online retailer of beauty products. The Company’s sales formats consist of curated sales, online shopping mall and flash sales. The Company’s Jumei Global sales channel is part of its curated sales format. The Company’s curated sales format includes branded beauty products, baby, children and maternity products, light luxury products and health supplements.

Receive News & Ratings for Jumei International Holding Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jumei International Holding Limited and related companies with MarketBeat.com's FREE daily email newsletter.