JD.com (JD) : Traders are bullish on JD.com (JD) as it has outperformed the S&P 500 by a wide margin of 1.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.33% in the last 1 week, and is up 6.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.1% and the 50-Day Moving Average is 3.53%.
JD.com (NASDAQ:JD): The stock opened at $21.73 on Friday but the bulls could not build on the opening and the stock topped out at $21.78 for the day. The stock traded down to $21.31 during the day, due to lack of any buying support eventually closed down at $21.41 with a loss of -1.25% for the day. The stock had closed at $21.68 on the previous day. The total traded volume was 6,555,430 shares.
Institutional Investors own 52.99% of JD.com shares.
JD.com, Inc. is an online direct sales company. The Company engages primarily 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 Peoples republic of China (PRC) on the Internet through its Website jd.com. It also operates its online marketplace under which third-party sellers sell products on the Companys Website to customers. The Company has approximately 518 million product reviews generated by its customers. The Company operates approximately 123 warehouses with an aggregate gross floor area of approximately 2.2 million square meters in 40 cities and 3,210 delivery stations and pickup stations in 1,862 counties and districts across China. The Company provides same-day delivery in approximately 134 counties and districts and next-day delivery in approximately 866 counties and districts across China.