(VIANEWS) – JD.com Inc. shares that are U.S. listed were more than 4 percent higher in premarket trades Tuesday, after China’s e-commerce giant exceeded profit expectations for the second quarter. Net income for the company was RMB4.4billion ($0.6 billion), which is RMB2.74 per share. This compares with RMB0.8billion, or RMB0.50, in the previous year. JD.com’s adjusted earnings were RMB4.06 per share, an increase of RMB2.90 per share in the previous year.
Shares of JD.com (NASDAQ: JD) jumped 8.43% to $64.45 at 10:42 EST on Thursday, after three consecutive sessions in a row of gains. NASDAQ is jumping 0.94% to $12,548.78, following the last session’s upward trend. This seems, as yet, a somewhat up trend exchanging session today.
JD.com’s last close was $59.44, 35.87% under its 52-week high of $92.69.
JD.com, Inc. offers supply chain-based technology and services to the People’s Republic of China. It offers communication and electronics products as well as consumer products. The company also offers online marketplace services to third-party sellers; marketing services, and omnichannel solutions for customers and retailers. It also offers online healthcare services. The company also develops and owns logistics properties and real estate properties for third-party support; it provides asset management services to logistics property investors. It also provides industry-specific data, technology and business solutions that support digitization in enterprises and institutions. 360buy Jingdong Inc. was the company’s previous name. JD.com, Inc. took over its operations in January 2014. JD.com, Inc. is an online company that was founded in 2006. Its headquarters are in Beijing, China.
Today’s last reported volume for JD.com is 6870902 which is 28.12% below its average volume of 9560167.
JD.com’s sales growth is 0.2% for the current quarter and 10.4% for the next. The company’s growth estimates for the current quarter is a negative 11.1% and positive 12% for the next.
Year-on-year quarterly revenue growth grew by 18%, now sitting on 988.07B for the twelve trailing months.
JD.com’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.89%, a negative 0.28%, and a positive 2.72%, respectively.
JD.com’s highest amplitude of average volatility was 2.34% (last week), 2.19% (last month), and 2.72% (last quarter), respectively.
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).
JD.com’s Stock Yearly Top and Bottom Value
JD.com’s stock is valued at $64.45 at 10:43 EST, way under its 52-week high of $92.69 and way above its 52-week low of $41.56.
JD.com’s Moving Average
JD.com’s value is higher than its 50-day moving average of $61.24 and below its 200-day moving average of $65.72.
Previous days news about JD.com (JD)
- JD.com stock heads higher after earnings beat. According to MarketWatch on Tuesday, 23 August, “Shares of JD.com have lost 21% so far this year as the KraneShares CSI China Internet ETF has fallen 16% and as the S&P 500 has dropped 13%.”, “U.S.-listed shares of JD.com Inc. were up more than 4% in premarket trading Tuesday after the Chinese e-commerce company easily exceeded second-quarter profit expectations. “
More news about JD.com (JD).