JD.com (JD) : Wednesdays money flow data in JD.com (JD) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $29.93 million, whereas, $28.01 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.07, in favor of the bulls. The total money flow into the stock was $1.93 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $2.83 million. The total value of block trades done on upticks was $7.69 million. The value of bearish trades on downticks was only $4.85 million.The up/down ratio in the block trades was a healthy 1.58 in favor of the bulls, suggesting strong buying in the stock by large traders. JD.com (JD) fell $0.39 and traded at $26.29, down -1.46% for the day, over previous days close. On a weekly basis, the shares are -2.05% over the previous weeks close.
Shares of JD.com, Inc. rose by 1.58% in the last five trading days and 2.66% for the last 4 weeks. JD.com, Inc. is up 28.94% in the last 3-month period. Year-to-Date the stock performance stands at -18.52%.
JD.com (JD) has an average broker rating of 2.05, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
JD.com (NASDAQ:JD): stock was range-bound between the intraday low of $26.01 and the intraday high of $26.87 after having opened at $26.64 on Wednesdays session. The stock finally closed in the red at $26.64, a loss of -1.46%. The stock remained in the red for the whole trading day. The total traded volume was 9,455,705 shares. The stock failed to cross $26.87 in Wednesdays trading. The stocks closing price on Thursday was $26.68.
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.