JD.com Inc ADR (NASDAQ:JD) shares, rose in value, with the stock price up by 0.10% to the previous day’s close as strong demand from buyers drove the stock to $43.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $43.76. The PE ratio was 13.96 over 12-month period. Referring to stock’s 52-week performance, its high was $47.82, and the low was $23.65. On the whole, JD has fluctuated by 6.43% over the past month.
With the market capitalization of JD.com Inc ADR currently standing at about $60.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.76, with its dividend yield at 1.73%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.21T, with a low estimate of 272.13B and a high estimate of 278.4B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 275.27B.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% 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 2.01, with the price of JD currently trading nearly 6.81% and 13.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.74, while the 7-day volatility ratio is showing 3.58% which for the 30-day chart, stands at 3.51%. Furthermore, JD.com Inc ADR (JD)’s beta value is 0.53, and its average true range (ATR) is 2.04.
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 0.10% in today’s session so far, and over the past year, it grew by 100.21%%.
Data on historical trading for JD.com Inc ADR (NASDAQ:JD) indicates that the trading volumes over the past 3 months, they’ve averaged 11.69 million. According to company’s latest data on outstanding shares, there are 1.38 billion shares outstanding.
Nearly 0.21% of JD.com Inc ADR’s shares belong to company insiders and institutional investors own 21.81% of the company’s shares. The stock has risen by 26.35% 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.
