JD.com (JD) has risen sharply, recording gains of 19.12% in the past 4 weeks. However, the stock has corrected -0.46% in the past 1 week, providing a good buying opportunity on dips. JD.com (JD) : Traders are bullish on JD.com (JD) as it has outperformed the S&P 500 by a wide margin of 19.37% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.19%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 8.35% and the fifty day Moving Average is 15.46%. JD.com, Inc. is up 6.35% in the last three month period. Year-to-Date the stock performance stands at -20.07%.
JD.com (JD) : The consensus price target for JD.com (JD) is $30.7 for the short term with a standard deviation of $3.2. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $36, however, the pessimist price target for the company is $27.
JD.com (NASDAQ:JD): stock turned positive on Friday. Though the stock opened at $25.46, the bulls momentum made the stock top out at $25.99 level for the day. The stock recorded a low of $25.42 and closed the trading day at $25.79, in the green by 1.46%. The total traded volume for the day was 9,713,367. The stock had closed at $25.42 in the previous days trading.
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.