Somewhat Positive Media Coverage Somewhat Unlikely to Impact JD.com (JD) Share Price
Media stories about JD.com (NASDAQ:JD) have trended somewhat positive on Monday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. JD.com earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.9771345945712 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- BoxScore Brands, Inc. Announces Addition of Four Senior Advisors (marketwired.com)
- China's JD partners with accelerator program Plug and Play to reach US startups (yahoo.com)
- Reasons To Keep this:- JD.com, Inc. (NASDAQ:JD) – The Stock Street (press release) (thestreetpoint.com)
- Chinese e-commerce giant wants to back Plug and Play startups – Silicon Valley Business Journal (bizjournals.com)
- Tech stocks are a buy right now: NYSE trader (finance.yahoo.com)
JD has been the subject of several research reports. Instinet reissued a “buy” rating and issued a $55.00 price objective (up previously from $46.00) on shares of JD.com in a research note on Tuesday, August 15th. MKM Partners raised shares of JD.com from a “neutral” rating to a “buy” rating and increased their price objective for the company from $33.00 to $51.00 in a research note on Wednesday, August 23rd. They noted that the move was a valuation call. Wells Fargo & Company initiated coverage on shares of JD.com in a research note on Tuesday, September 26th. They issued an “outperform” rating and a $50.00 price objective for the company. BidaskClub downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 15th. Finally, UBS reissued a “neutral” rating and issued a $41.00 price objective on shares of JD.com in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have issued a buy rating to the stock. JD.com presently has a consensus rating of “Buy” and an average target price of $45.50.
Shares of JD.com (NASDAQ JD) traded up $0.45 during midday trading on Monday, hitting $38.46. 9,110,645 shares of the stock were exchanged, compared to its average volume of 11,396,745. The firm has a market capitalization of $54,099.06, a PE ratio of 1,900.50 and a beta of 1.37. JD.com has a 52-week low of $25.25 and a 52-week high of $48.99. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.12 and a quick ratio of 0.79.
JD.com Company Profile
JD.com, Inc is an online direct sales company. The Company 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, www.jd.com.
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