JD Stock Summary and Trading Ideas (Jd.com - American Depositary Shares | NASDAQ:JD)

JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

Jd.com - American Depositary Shares trades on the NASDAQ stock market under the symbol JD.

As of November 14, 2024, JD stock price declined to $33.35 with 24,759,488 million shares trading.

JD has a beta of 0.77, meaning it tends to be less sensitive to market movements. JD has a correlation of 0.02 to the broad based SPY ETF.

JD has a market cap of $51.03 billion. This is considered a Large Cap stock.

Last quarter Jd.com - American Depositary Shares reported $40 billion in Revenue and $1.29 earnings per share. This fell short of revenue expectation by $-732 million and exceeded earnings estimates by $.46.

In the last 3 years, JD traded as high as $92.69 and as low as $20.82.

The top ETF exchange traded funds that JD belongs to (by Net Assets): FNDE, PGJ, RTH, QQQJ, DINT.

JD has underperformed the market in the last year with a price return of +31.0% while the SPY ETF gained +36.4%. However, in the short term, JD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +27.6% vs +9.8% return in SPY. But in the last 2 weeks, JD shares have been beat by the market, returning -16.7% compared to an SPY return of +2.3%.

JD support price is $34.46 and resistance is $36.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JD shares will trade within this expected range on the day.