Shares of JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) rose 8.3% during trading on Thursday . The company traded as high as $1.70 and last traded at $1.70. Approximately 8,000 shares changed hands during mid-day trading, an increase of 157% from the average daily volume of 3,114 shares. The stock had previously closed at $1.57.
JD Logistics Stock Performance
The firm’s 50 day moving average is $1.57 and its two-hundred day moving average is $1.41.
JD Logistics Company Profile
JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.
The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.
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