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 April 19, 2024, JD stock price climbed to $25.51 with 14,200,684 million shares trading.

JD has a beta of 1.26, meaning it tends to be more sensitive to market movements. JD has a correlation of 0.11 to the broad based SPY ETF.

JD has a market cap of $39.54 billion. This is considered a Large Cap stock.

Last quarter Jd.com - American Depositary Shares reported $43 billion in Revenue and $.75 earnings per share. This beat revenue expectation by $950 million and exceeded earnings estimates by $.12.

In the last 3 years, JD stock 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): PGJ, QQQJ, DWLD, RTH, DINT.

JD stock has underperformed the market in the last year with a return of -31.4%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JD shares. However, JD has outperformed the market in the last 3 month and 2 week periods, returning +17.6% and -2.3%, while SPY returned +4.3% and -3.5%, respectively. This indicates JD has been having a stronger performance recently.

JD support price is $24.85 and resistance is $26.07 (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 stock will trade within this expected range on the day.