JD Logistics (OTCMKTS:JDLGF) Trading 2.4% Higher – Here’s What Happened

JD Logistics, Inc. (OTCMKTS:JDLGFGet Free Report)’s share price traded up 2.4% during mid-day trading on Tuesday . The company traded as high as $1.74 and last traded at $1.74. 100 shares changed hands during trading, a decline of 94% from the average session volume of 1,717 shares. The stock had previously closed at $1.70.

JD Logistics Trading Up 2.4%

The stock’s fifty day simple moving average is $1.70 and its 200-day simple moving average is $1.52.

About JD Logistics

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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.

Further Reading

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