Large Inflow of Money Witnessed in (JD) : Thursdays money flow indicated an uptick to downtick ratio was at 2.83. The total value of inflow transactions on upticks was $2.36 million, whereas, the total value of outflow trades on downticks was $0.83 million. The total money flow was $1.53 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.73 million. The total value of the trades done on upticks was $1.73 million. (JD) was trading with a -0.1% change over previous days close. It fell $0.02 during the day and reached $20.36. The stock was -4.46% compared to the previous weeks close. (JD) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $43 and the lowest price target forecast is $27. The average forecast of all the analysts is $32.61 and the expected standard deviation is $4.92. The stock has recorded a 20-day Moving Average of 1.31% and the 50-Day Moving Average is 9.17%. (NASDAQ:JD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.46 and $20.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.57, notching a gain of 0.93% for the day. The total traded volume was 6,776,143 . The stock had closed at $20.38 on the previous day., 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 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.