JD.com Inc ADR (NASDAQ: JD) Is The Among Hot Stock Right Now

JD.com Inc ADR (NASDAQ:JD) traded at $27.59 at close of the session on Tuesday, March 19, made a downward move of -0.93% on its previous day’s price.

Looking at the stock we see that its previous close was $27.85 and the beta (5Y monthly) reads 0.52 . The company has a trailing 12-month PE ratio of 12.80. In terms of its 52-week price range, JD has a high of $45.16 and a low of $20.82. The company’s stock has gained about 13.91% over that past 30 days.

JD.com Inc ADR has a market cap of $37.60 billion and is expected to release its quarterly earnings report on Aug 11, 2020 – Aug 17, 2020. With its Forward Dividend at 0.62 and a yield of 2.25%, the company’s investors could be anxious for the JD stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.66, with the EPS growth for the year raised at $3.21 for 2024 and $3.61 for next year. These figures represent 2.90% and 12.50% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $36.31 billion, with a low of $35.61 billion and a high of $37.34 billion. The median projection represents growth squeezing down to 7.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $163.07 billion, or 6.90% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the JD stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of Hold.

Looking further, we note that the PEG ratio for the JD stock currently stands at 0.72, and the current price level is 12.19% off its SMA20 and 15.49% from its 50-day simple moving average. The RSI (14) is pointing at 62.74 while the volatility over the past week is 3.26% and jumps to 3.11% over the past one month. The beta value is 0.51, while the average true range (ATR) is currently pointing at 1.15.

Coming back to JD.com Inc ADR (NASDAQ:JD), we note that the average 3-month trading volume was 15.82 million, while that of the preceding 10-day period stands at 23.83 million. Current shares outstanding are 1.38 billion.

The insiders hold 0.68% of the company’s shares while institutions hold 18.57%. The data shows that short shares as of Feb 29, 2024, stood at 25.62 million at a short ratio of 1.84. This represents a 1.63% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 26.96 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -4.50% down in year-to-date price movement.

Most Popular