JD.Com Inc(ADR) Sets New 52-Week High at $31.81 (JD)
JD.Com Inc(ADR) (NYSE:JD) hit a new 52-week high during mid-day trading on Tuesday , American Banking & Market News reports. The stock traded as high as $31.81 and last traded at $30.54, with a volume of 8,400,913 shares. The stock had previously closed at $30.04.
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of JD.Com Inc(ADR) in a research note on Monday. They now have a $38.00 price target on the stock, up previously from $36.00. Separately, analysts at Cowen and Company reiterated a “market perform” rating on shares of JD.Com Inc(ADR) in a research note on Monday. Finally, analysts at William Blair initiated coverage on shares of JD.Com Inc(ADR) in a research note on Thursday, August 7th. They set a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. JD.Com Inc(ADR) has a consensus rating of “Buy” and an average target price of $35.56.
The stock’s 50-day moving average is $28.4 and its 200-day moving average is $27.25. The company’s market cap is $36.793 billion.
JD.Com Inc(ADR) (NYSE:JD) last issued its quarterly earnings data on Friday, August 15th. The company reported ($0.35) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.33. The company had revenue of $28.61 billion for the quarter, compared to the consensus estimate of $27.34 billion. JD.Com Inc(ADR)’s revenue was up 63.9% compared to the same quarter last year. On average, analysts predict that JD.Com In will post $-0.08 earnings per share for the current fiscal year.
JD.com, Inc is a holding company. The Company is an online direct sales company. The Company, through its Website www.
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