Why JD.com Inc ADR (JD) Stock Could See Much Higher Prices Ahead

JD.com Inc ADR (NASDAQ: JD) is -22.53% lower on its value in year-to-date trading and has touched a low of $20.82 and a high of $57.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JD stock was last observed hovering at around $22.05 in the last trading session, with the day’s gains setting it 0.33%.

Currently trading at $22.38, the stock is -2.91% and -11.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.31 million and changing 1.50% at the moment leaves the stock -28.12% off its SMA200. JD registered -59.57% loss for a year compared to 6-month loss of -41.86%. The firm has a 50-day simple moving average (SMA 50) of $0.01 and a 200-day simple moving average (SMA200) of $0.30.

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The stock witnessed a -11.47% gain in the last 1 month and extending the period to 3 months gives it a -15.39%, and is 2.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.47% over the week and 3.06% over the month.

JD.com Inc ADR (JD) has around Apr 05 2023 employees, a market worth around $30.50B and $152.22B in sales. Current P/E ratio is 10.52 and Fwd P/E is 7.02. Profit margin for the company is 2.22%. Distance from 52-week low is 7.49% and -60.80% from its 52-week high. The company has generated returns on investments over the last 12 months (8.86%).

JD.com Inc ADR quarterly earnings per share for the current quarter are estimated at $0.63 with sales reaching $42.07B over the same period.The EPS is expected to grow by 18.48% this year, but quarterly earnings will post -0.10% year-over-year. Quarterly sales are estimated to shrink -1.60% in year-over-year returns.

JD.com Inc ADR (JD) Top Institutional Holders

704 institutions hold shares in JD.com Inc ADR (JD), with institutional investors hold 15.97% of the company’s shares. The shares outstanding are 1.38B, and float is at 1.36B with Short Float at 1.99%. Institutions hold 15.12% of the Float.

The top institutional shareholder in the company is Tiger Global Management, LLC with over 21.07 million shares valued at $719.28 million. The investor’s holdings represent 1.51% of the JD Shares outstanding. As of Jun 29, 2023, the second largest holder is Invesco Ltd. with 18.86 million shares valued at $643.63 million to account for 1.35% of the shares outstanding. The other top investors are Dodge & Cox Inc which holds 16.24 million shares representing 1.16% and valued at over $554.17 million, while Newlands Management Operations LLC holds 0.65% of the shares totaling 9.04 million with a market value of $308.44 million.

JD.com Inc ADR (JD): Who are the competitors?

The company’s main competitors (and peers) include LightInTheBox Holding Co. Ltd. ADR (LITB) that is trading -12.93% down over the past 12 months. Alibaba Group Holding Ltd. ADR (BABA) that is -31.27% lower over the same period.