JD.com (JD) stock had a bullish inflow of $43.61 million worth of trades on uptick and an outflow of $26.72 million in downticks on Friday. The total uptick to downtick ratio stood at 1.63. The net money flow into the stock was $16.88 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $13.57 million. An inflow of $4.26 million block trade was recorded on downticks. $17.83 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 4.18 in favor of the bulls. However, JD.com (JD) stock traded down $0.16 , and reached $25.55, a drop of -0.62% over the previous day. On a weekly basis, the stock is -0.93%, over the previous weeks close.
Institutional Investors own 54.48% of JD.com shares.
JD.com (NASDAQ:JD): stock was range-bound between the intraday low of $25.52 and the intraday high of $26.07 after having opened at $25.9 on Fridays session. The stock finally closed in the red at $25.9, a loss of -0.62%. The stock remained in the red for the whole trading day. The total traded volume was 9,844,031 shares. The stock failed to cross $26.07 in Fridays trading. The stocks closing price on Thursday was $25.71.
JD.com (JD) has risen sharply, recording gains of 16.93% in the past 4 weeks. However, the stock has corrected -0.93% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 17.09% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
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.