Before Investing In JD.com Inc ADR (NASDAQ:JD), Here Are Some Things To Consider

JD.com Inc ADR (NASDAQ:JD) shares traded 3.40% higher at $28.55 on Wall Street last session.

In accordance with the data, 47 analysts cover JD.com Inc ADR (NASDAQ:JD). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $579.21 and a low of $168.31, we find $290.11. Given the previous closing price of $27.61, this indicates a potential upside of 950.74 percent. JD stock price is now 1.98% away from the 50-day moving average and -21.09% away from the 200-day moving average. The market capitalization of the company currently stands at $38.91B.

It has been rated a hold by 10 analysts and a buy by 32. Brokers who have rated the stock have averaged $312.16 as their price target over the next twelve months.

With the price target reduced from $40 to $39, UBS Upgraded its rating from Neutral to Buy for JD.com Inc ADR (NASDAQ: JD).

A total of 0.40% of the company’s stock is owned by insiders.

JD.com Inc ADR (NASDAQ: JD) opened at $28.16 on Monday. During the past 12 months, JD.com Inc ADR has had a low of $24.01 and a high of $67.10. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 1.36, and a quick ratio of 1.10. According to the stock market information, the enterprise value for the company is $18.71B, which is based on a 13.42 price-to-earnings ratio, a 0.70 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for JD is $27.99 and a two-hundred day moving average price translates $36.18 for the stock.

The latest earnings results from JD.com Inc ADR (NASDAQ: JD) was released for Sep, 2023. The net profit margin was 2.22% and return on equity was 10.99% for JD. The company reported revenue of $33.95 billion for the quarter, compared to $34.24 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.84 percent.

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