Price Action Don’t Lie: After Today’s Big Increase, Is JD.Com Inc(ADR)’s Near-Term Analysis Positive?

Price Action Don't Lie: After Today's Big Increase, Is JD.Com Inc(ADR)'s Near Term Analysis Positive?

The stock of JD.Com Inc(ADR) (NASDAQ:JD) is a huge mover today! About 3.32M shares traded hands. JD.Com Inc(ADR) (NASDAQ:JD) has risen 4.72% since March 8, 2016 and is uptrending. It has underperformed by 4.60% the S&P500.
The move comes after 7 months positive chart setup for the $39.18 billion company. It was reported on Oct, 11 by We have $43.28 PT which if reached, will make NASDAQ:JD worth $23.90 billion more.

Analysts await JD.Com Inc(ADR) (NASDAQ:JD) to report earnings on November, 21. They expect $-0.06 earnings per share, 0.00% or $0.00 from last year’s $-0.06 per share. After $-0.03 actual earnings per share reported by JD.Com Inc(ADR) for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

JD.Com Inc(ADR) (NASDAQ:JD) Ratings Coverage

Out of 13 analysts covering (NASDAQ:JD), 9 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 69% are positive. has been the topic of 19 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Goldman Sachs initiated the shares of JD in a report on Friday, November 6 with “Buy” rating. Morgan Stanley downgraded JD.Com Inc(ADR) (NASDAQ:JD) rating on Monday, August 10. Morgan Stanley has “Overweight” rating and $35 price target. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, May 10. The stock of JD.Com Inc(ADR) (NASDAQ:JD) earned “Outperform” rating by Macquarie Research on Tuesday, August 11. The stock has “Buy” rating given by TH Capital on Thursday, August 6. The stock of JD.Com Inc(ADR) (NASDAQ:JD) earned “Buy” rating by TH Capital on Tuesday, August 4. The stock has “Neutral” rating given by M Partners on Tuesday, September 20. As per Tuesday, November 10, the company rating was initiated by HSBC. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, December 17 report. The firm has “Neutral” rating by Bank of America given on Thursday, August 11.

According to Zacks Investment Research, “, Inc. operates as an online direct sales company in China. The Company, through its Website and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods., Inc. is based in Beijing, China.”

More important recent JD.Com Inc(ADR) (NASDAQ:JD) news were published by: which released: “, Inc. (AMZN) vs. JD.Com (JD) – Which Is the Better Growth Stock?” on October 11, 2016, also published article titled: “Expect An In-Line Quarter From”, published: “ Inc (ADR): This Internet Stock Has Huge Upside Potential” on August 18, 2016. More interesting news about JD.Com Inc(ADR) (NASDAQ:JD) was released by: and their article: “JD.Com Inc(ADR): JD Stock Gets Some Much-Needed Relief” with publication date: August 10, 2016.

JD Company Profile, Inc., incorporated in January 2014, is an online direct sales company. The Firm engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website. The Firm operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Firm also offers online and in-person payment options and customer services. The Firm operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities.

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