According to Zacks, “MOGU Inc. provides an online clothing platform. The Company offers fashion, beauty and lifestyle products and accessories. It also focuses on content comprised of live video broadcasts, short-form videos, photographs and articles covering topics. MOGU Inc. is based in Hangzhou, China. “
Separately, Morgan Stanley lowered shares of Meili from an equal weight rating to an underweight rating and dropped their price target for the stock from $14.00 to $4.20 in a research report on Monday, June 3rd.
Meili (NASDAQ:MOGU) last announced its quarterly earnings data on Thursday, May 30th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.13. The firm had revenue of $32.42 million for the quarter.
Meili Inc develops and operates a fashion e-commerce platform which enables women to find personalized clothing and skin care products. The company was founded in 2016 and is based in Beijing, China.
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