JD.Com (JD) Lowered to “Hold” at BidaskClub
Several other research firms have also weighed in on JD. TheStreet raised JD.Com from a d rating to a c- rating in a research report on Tuesday, March 5th. Zacks Investment Research raised JD.Com from a sell rating to a hold rating in a research report on Thursday, March 7th. Daiwa Capital Markets set a $38.00 price target on JD.Com and gave the company a buy rating in a research report on Friday, March 1st. KeyCorp reissued a hold rating on shares of JD.Com in a research report on Friday, March 1st. Finally, Macquarie set a $27.00 price target on JD.Com and gave the company a hold rating in a research report on Friday, March 1st. Thirteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $32.50.
NASDAQ:JD traded up $0.37 during trading hours on Friday, hitting $30.57. 11,283,439 shares of the company’s stock traded hands, compared to its average volume of 15,867,931. The firm has a market capitalization of $36.81 billion, a price-to-earnings ratio of -1,019.00 and a beta of 1.32. JD.Com has a twelve month low of $19.21 and a twelve month high of $45.23. The company has a current ratio of 0.87, a quick ratio of 0.50 and a debt-to-equity ratio of 0.16.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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