JMU Ltd- (NASDAQ:JMU) Stock Price Up 3.1%

JMU Ltd- (NASDAQ:JMU) rose 3.1% during trading on Thursday . The stock traded as high as $1.03 and last traded at $0.99, approximately 15,780 shares changed hands during mid-day trading. A decline of 22% from the average daily volume of 20,245 shares. The stock had previously closed at $0.96.

The company has a 50-day simple moving average of $1.01 and a 200 day simple moving average of $1.30.


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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