The stock of JD.Com Inc(ADR) (NASDAQ:JD) is a huge mover today! About 7.33 million shares traded hands. JD.Com Inc(ADR) (NASDAQ:JD) has risen 3.03% since April 26, 2016 and is uptrending. It has underperformed by 2.23% the S&P500.
The move comes after 6 months positive chart setup for the $39.70B company. It was reported on Nov, 29 by Barchart.com. We have $28.55 PT which if reached, will make NASDAQ:JD worth $1.99 billion more.
Analysts await JD.Com Inc(ADR) (NASDAQ:JD) to report earnings on March, 7. They expect $-0.06 EPS, up 93.02% or $0.80 from last year’s $-0.86 per share. After $-0.10 actual EPS reported by JD.Com Inc(ADR) for the previous quarter, Wall Street now forecasts -40.00% 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. JD.com has been the topic of 20 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Nomura upgraded the shares of JD in a report on Friday, January 22 to “Buy” rating. Nomura maintained JD.Com Inc(ADR) (NASDAQ:JD) on Thursday, August 11 with “Buy” rating. The rating was maintained by Jefferies with “Buy” on Thursday, August 11. TH Capital initiated the stock with “Buy” rating in Thursday, August 6 report. On Tuesday, August 11 the stock rating was maintained by Macquarie Research with “Outperform”. The rating was maintained by Bank of America with “Neutral” on Thursday, August 11. M Partners initiated the stock with “Buy” rating in Tuesday, December 15 report. On Tuesday, September 20 the stock rating was downgraded by M Partners to “Neutral”. HSBC initiated the shares of JD in a report on Tuesday, November 10 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.”
More important recent JD.Com Inc(ADR) (NASDAQ:JD) news were published by: Investorplace.com which released: “Why JD.Com Inc(ADR) (JD) Stock Is Soaring Today” on November 15, 2016, also Investorplace.com published article titled: “Amazon.com, Inc. (AMZN) vs. JD.Com (JD) – Which Is the Better Growth Stock?”, Profitconfidential.com published: “JD.com Inc (ADR): This Internet Stock Has Huge Upside Potential” on August 18, 2016. More interesting news about JD.Com Inc(ADR) (NASDAQ:JD) was released by: Profitconfidential.com and their article: “JD.Com Inc(ADR): JD Stock Is on the Verge of a Monster Run” with publication date: October 25, 2016.
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.
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