The price of JD.com Inc ADR (NASDAQ:JD) shares last traded on Wall Street fell -0.40% to $35.19.
JD stock price is now -6.71% away from the 50-day moving average and 17.74% away from the 200-day moving average. The market capitalization of the company currently stands at $49.24B.
With the price target reduced from $49 to $48, Loop Capital Upgraded its rating from Hold to Buy for JD.com Inc ADR (NASDAQ: JD). On August 16, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $33 to quote $36, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Fortune Rising Holdings Ltd, Affiliate bought 145,000 shares of the company’s stock on Sep 30 ’24. The stock was bought for $4,315,200 at an average price of $29.76. A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, JD.com Inc ADR has had a low of $20.82 and a high of $47.82. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.17, and a quick ratio of 0.88. According to the stock market information, the enterprise value for the company is $49122799616, which is based on a 11.22 price-to-earnings ratio, a 0.87 price-to-earnings-growth ratio, and a beta of 0.39. The fifty day moving average price for JD is $37.5372 and a two-hundred day moving average price translates $29.82435 for the stock.
The latest earnings results from JD.com Inc ADR (NASDAQ: JD) was released for 2024-06-30. The net profit margin was 3.12% and return on equity was 15.11% for JD. The company reported revenue of $37.1 billion for the quarter, compared to $33.95 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.29 percent. For the current quarter, analysts expect JD to generate $321.76B in revenue.
