JD.com Stock Bullish Momentum With A 17% Jump In The Last 5 Sessions

(VIANEWS) – Shares of JD.com (NASDAQ: JD) rose by a staggering 17.48% in 5 sessions from $32.1 at 17.48, to $37.71 at 16:08 EST on Tuesday, after four sequential sessions in a row of gains. NASDAQ is rising 0.44% to $13,287.37, following the last session’s downward trend.

JD.com’s last close was $36.29, 46.86% under its 52-week high of $68.29.

About JD.com

JD.com, Inc. provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; offers asset management services for logistics property investors and the sale of development properties; and engages in online retail business. Further, it provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.

Earnings Per Share

As for profitability, JD.com has a trailing twelve months EPS of $1.78.

PE Ratio

JD.com has a trailing twelve months price to earnings ratio of 21.19. Meaning, the purchaser of the share is investing $21.19 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.33%.

Sales Growth

JD.com’s sales growth for the current quarter is 4.6%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, JD.com’s stock is considered to be oversold (<=20).

More news about JD.com (JD).

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