Investors Are Waking Up To JD.com Inc ADR (NASDAQ: JD) After Rising 54.11% Over The Past 12 Months

JD.com Inc ADR (NASDAQ:JD) currently has a daily average trading volume of 15.49M but it saw 58438606 shares traded in last market. With a market cap of 61.17B USD, the company’s current market price of $44.80 came rising about 4.36 while comparing to the previous closing price of $42.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.00 and as low as $20.82. In the recent trading on the day, stock has struck highest price mark of $43.73 while lowest mark touched by it was $46.62.

Taking a look at 20-day trading activity of JD.com Inc ADR (JD) gives us an average price of $31.18, while its current price level is 4.19% below from 52-week high level whereas it is 115.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.35 while that of 200 days or SMA-200 reads an average of $27.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.72% during that period while stretching the period over a month that decreases to 3.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 89.47 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which upgraded the stock as “Overweight” in its note to investors issued on August 16, 2024, recommending a price target of between $33 and $36 for it. Macquarie upgraded its recommendation for the stock as a “Outperform” from “Neutral” on May 17, 2024 while assigning a price target range of $26-$40. Goldman issued its recommendations for the stock as it resumed the price target for the stock is $37.

Over the week, JD’s stock price is moving 34.90% up while it is 67.79% when we observe its performance for the past one month. Year-to-date it is 55.07% up and over the past year, the stock is showing an upside performance of 54.11%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.93 beat the consensus estimate of 0.8 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-13, for which analysts forecasted an EPS of 1.06 while estimate for next year EPS is 3.97. In next quarter, company is expected to be making quarterly sales of $45.59B as analysts are expecting the sales for current fiscal year at $161.13B and seeing the company making $169.71B in sales next year. Moreover, analysts are in estimates of $36.9B for current-quarter revenue.

Currently, JD.com Inc ADR’s total number of outstanding shares is 1.41B. Company’s return on investment (ROI) stands at 10.65% and return on equity (ROE) at 14.12%. It has a price to earnings ratio (P/E ratio) of 16.29 while having a 10.77 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 2.16 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is 4.98% on average.