Could JD.Com Inc(ADR) See a Reversal After Today’s Strong Options Activity?

 Could JD.Com Inc(ADR) See a Reversal After Today's Strong Options Activity?

In today’s session JD.Com Inc(ADR) (JD) registered an unusually high (257) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious JD increase. With 257 contracts traded and 14464 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: JD170120C00029000 closed last at: $0.69 or 19.8% down. About 2.46M shares traded hands. JD.Com Inc(ADR) (NASDAQ:JD) has declined 1.97% since March 29, 2016 and is downtrending. It has underperformed by 5.44% the S&P500.

Analysts await JD.Com Inc(ADR) (NASDAQ:JD) to report earnings on November, 21. They expect $-0.06 EPS, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.03 actual EPS reported by JD.Com Inc(ADR) for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

JD.Com Inc(ADR) (NASDAQ:JD) Ratings Coverage

Out of 14 analysts covering JD.com (NASDAQ:JD), 10 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 71% are positive. $43 is the highest target while $21 is the lowest. The $33.74 average target is 29.77% above today’s ($26) stock price. JD.com has been the topic of 20 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, May 10. The rating was initiated by HSBC on Tuesday, November 10 with “Buy”. The firm earned “Buy” rating on Thursday, August 6 by TH Capital. The stock of JD.Com Inc(ADR) (NASDAQ:JD) has “Buy” rating given on Friday, November 6 by Goldman Sachs. Morgan Stanley downgraded the stock to “Overweight” rating in Monday, August 10 report. The stock has “Outperform” rating given by Macquarie Research on Tuesday, August 11. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 14. The stock has “Buy” rating given by Nomura on Thursday, August 11. Jefferies maintained JD.Com Inc(ADR) (NASDAQ:JD) on Thursday, August 11 with “Buy” rating. The stock has “Buy” rating given by TH Capital on Tuesday, August 4.

According to Zacks Investment Research, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China.”

JD.com, Inc. is an online direct sales company. The company has a market cap of $37.56 billion. The Firm engages in the sale of electronics and home appliance products and general merchandise products sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It currently has negative earnings. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website.

JD Company Profile

JD.com, Inc., incorporated in January 2014, is an online direct sales company. The Firm engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website. The Firm operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Firm also offers online and in-person payment options and customer services. The Firm operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities.

More recent JD.Com Inc(ADR) (NASDAQ:JD) news were published by: Profitconfidential.com which released: “JD.Com Inc(ADR): JD Stock Is on the Verge of a Monster Run” on October 25, 2016. Also Investorplace.com published the news titled: “Amazon.com, Inc. (AMZN) vs. JD.Com (JD) – Which Is the Better Growth Stock?” on October 11, 2016. Profitconfidential.com‘s news article titled: “JD.com Inc (ADR): This Internet Stock Has Huge Upside Potential” with publication date: August 18, 2016 was also an interesting one.

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