JD.com Inc ADR (NASDAQ:JD) shares traded 13.91% higher at $33.90 on Wall Street last session.
JD stock price is now 27.35% away from the 50-day moving average and 26.17% away from the 200-day moving average. The market capitalization of the company currently stands at $46.29B.
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With the price target enhanced from $33 to $36, JP Morgan Upgraded its rating from Neutral to Overweight for JD.com Inc ADR (NASDAQ: JD). On May 17, 2024, Macquarie Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $26 to quote $40, while ‘Goldman’ rates the stock as ‘Buy’
A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, JD.com Inc ADR has had a low of $20.82 and a high of $35.69. As of last week, the company has a debt-to-equity ratio of 0.39, a current ratio of 1.15, and a quick ratio of 0.89. According to the stock market information, the enterprise value for the company is $50733199360, which is based on a 12.33 price-to-earnings ratio, a 0.49 price-to-earnings-growth ratio, and a beta of 0.40. The fifty day moving average price for JD is $26.765 and a two-hundred day moving average price translates $26.90565 for the stock.
The latest earnings results from JD.com Inc ADR (NASDAQ: JD) was released for 2024-06-30. The net profit margin was 2.81% and return on equity was 14.12% for JD. The company reported revenue of $40.1 billion for the quarter, compared to $39.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.98 percent.
