A number of other research firms have also weighed in on JD. Benchmark reaffirmed a buy rating and issued a $40.00 price objective (up from $36.00) on shares of JD.Com in a research note on Wednesday, August 14th. Peel Hunt reaffirmed a buy rating on shares of JD.Com in a research note on Tuesday, November 12th. Citigroup reaffirmed a buy rating and issued a $43.00 price objective (up from $41.00) on shares of JD.Com in a research note on Wednesday, August 14th. Mizuho raised their price objective on shares of JD.Com from $28.00 to $31.00 and gave the company a neutral rating in a research note on Wednesday, August 14th. Finally, Stifel Nicolaus reiterated a hold rating and issued a $35.00 target price on shares of JD.Com in a report on Tuesday, August 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. JD.Com currently has an average rating of Buy and a consensus price target of $34.03.
NASDAQ JD traded down $0.75 on Friday, hitting $32.80. 18,080,800 shares of the company were exchanged, compared to its average volume of 14,544,011. JD.Com has a 12 month low of $19.21 and a 12 month high of $35.43. The company has a market cap of $48.97 billion, a PE ratio of -1,093.33 and a beta of 1.35. The stock has a fifty day moving average of $30.92 and a 200-day moving average of $29.74. The company has a current ratio of 0.91, a quick ratio of 0.58 and a debt-to-equity ratio of 0.19.
Large investors have recently modified their holdings of the business. NEXT Financial Group Inc bought a new position in JD.Com during the second quarter worth about $25,000. CWM LLC bought a new position in shares of JD.Com in the second quarter valued at approximately $26,000. Lindbrook Capital LLC boosted its position in shares of JD.Com by 85.5% in the third quarter. Lindbrook Capital LLC now owns 872 shares of the information services provider’s stock valued at $25,000 after acquiring an additional 402 shares during the period. WealthStone Inc. bought a new position in shares of JD.Com in the second quarter valued at approximately $28,000. Finally, Quest Capital Management Inc. ADV bought a new position in shares of JD.Com in the third quarter valued at approximately $28,000. Hedge funds and other institutional investors own 40.50% of the company’s stock.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
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