JD.com Inc ADR (NASDAQ:JD) shares, rose in value, with the stock price down by -2.55% to the previous day’s close as strong demand from buyers drove the stock to $37.14.
Actively observing the price movement in the recent trading, the stock is buoying the session at $38.11, falling within a range of $36.925 and $37.51. The value of beta (5-year monthly) is 0.417 whereas the PE ratio is 11.84 over 12-month period. Referring to stock’s 52-week performance, its high was $47.82, and the low was $20.82. On the whole, JD has fluctuated by 4.06% over the past month.
With the market capitalization of JD.com Inc ADR currently standing at about $51.43 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.76, with its dividend yield at 2.05%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.14T, with a low estimate of 264.33B and a high estimate of 331.51B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 321.6B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.84, with the price of JD currently trading nearly 1.28% and -4.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.75, while the 7-day volatility ratio is showing 2.87% which for the 30-day chart, stands at 2.63%. Furthermore, JD.com Inc ADR (JD)’s beta value is 0.37, and its average true range (ATR) is 1.61.
A comparison of JD.com Inc ADR (JD) with its peers suggests the former has fared considerably weaker in the market. JD showed an intraday change of -2.55% in today’s session so far, and over the past year, it grew by 46.85%%.
Data on historical trading for JD.com Inc ADR (NASDAQ:JD) indicates that the trading volumes over the past 10 days have averaged 11.78 and over the past 3 months, they’ve averaged 17.98 million. According to company’s latest data on outstanding shares, there are 1.38 billion shares outstanding.
Nearly 0.36% of JD.com Inc ADR’s shares belong to company insiders and institutional investors own 22.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 39.66 million shares as on 2024-10-31, resulting in a short ratio of 1.82. According to the data, the short interest in JD.com Inc ADR (JD) stood at 303.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 43.2 million. The stock has risen by 28.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JD stock heading into the next quarter.
