JD.com Inc ADR (NASDAQ:JD) Is 45.2% Above Its 52-Week Low, But How Long Can It Continue?

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In last trading session, JD.com Inc ADR (NASDAQ:JD) saw 53.55 million shares changing hands with its beta currently measuring 0.40. Company’s recent per share price level of $37.99 trading at $4.78 or 14.39% at ring of the bell on the day assigns it a market valuation of $51.87B. That closing price of JD’s stock is at a premium of 6.05% from its 52-week high price of $35.69 and is indicating a premium of 45.2% from its 52-week low price of $20.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 21.45 million shares which gives us an average trading volume of 13.19 million if we extend that period to 3-months.

For JD.com Inc ADR (JD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 14 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.05 in the current quarter.

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JD.com Inc ADR (NASDAQ:JD) trade information

Upright in the green during last session for gaining 14.39%, in the last five days JD remained trading in the green while hitting it’s week-highest on Thursday, 09/26/24 when the stock touched $37.99 price level, adding 0.5% to its value on the day. JD.com Inc ADR’s shares saw a change of 31.50% in year-to-date performance and have moved 32.19% in past 5-day. JD.com Inc ADR (NASDAQ:JD) showed a performance of 44.01% in past 30-days. Number of shares sold short was 34.7 million shares which calculate 1.9 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 41 to the stock, which implies a rise of 7.34% to its current value. Analysts have been projecting 28 as a low price target for the stock while placing it at a high target of 123. It follows that stock’s current price would jump 26.3% in reaching the projected high whereas dropping to the targeted low would mean a gain of 26.3% for stock’s current value.

JD.com Inc ADR (JD) estimates and forecasts

Statistics highlight that JD.com Inc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 39.52% of value to its shares in past 6 months, showing an annual growth rate of 27.24% while that of industry is 14.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 5.80% from the last financial year’s standing.

18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 36.91B for the same. And 16 analysts are in estimates of company making revenue of 45.58B in the next quarter.

In 2024, company’s earnings growth rate is likely to be around 25.07% while estimates for its earnings growth in next 5 years are of 25.07%.

JD.com Inc ADR (NASDAQ:JD)’s Major holders

DODGE & COX is the top institutional holder at JD for having 22.48 million shares of worth $580.86 million. And as of 2024-06-30, it was holding 1.4377 of the company’s outstanding shares.

The second largest institutional holder is INVESCO LTD., which was holding about 15.27 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9767 of outstanding shares, having a total worth of $394.63 million.