JMU Ltd- (JMU) Trading Up 14.7%
Shares of JMU Ltd- (NASDAQ:JMU) were up 14.7% during trading on Monday . The stock traded as high as $1.24 and last traded at $1.17. Approximately 505,847 shares traded hands during trading, an increase of 232% from the average daily volume of 152,451 shares. The stock had previously closed at $1.02.
JMU Ltd- (NASDAQ:JMU) last announced its quarterly earnings data on Wednesday, August 22nd. The information services provider reported ($0.35) EPS for the quarter. The firm had revenue of $26.26 million for the quarter. JMU Ltd- had a negative net margin of 222.16% and a negative return on equity of 10.40%.
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JMU Limited operates a business-to-business online e-commerce platform that provides integrated services to suppliers and customers in the catering industry in the People's Republic of China. The company's platform networking services focus on local entertainment and lifestyle services, such as restaurants, movie theaters, and beauty salons, as well as allow local merchants to create online stores and make direct sales to their target customers for consumption at their brick and mortar stores.
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