Is JD.COM Inc – American Depositary Shares (NASDAQ:JD) a Buy? The Stock Reported Less Sellers

JD.com, Inc. (NASDAQ:JD) Logo

The stock of JD.COM Inc – American Depositary Shares (NASDAQ:JD) registered a decrease of 3.52% in short interest. JD’s total short interest was 58.46 million shares in October as published by FINRA. Its down 3.52% from 60.59 million shares, reported previously. With 14.94M shares average volume, it will take short sellers 4 days to cover their JD’s short positions. The short interest to JD.COM Inc – American Depositary Shares’s float is 4.95%.

The stock increased 3.95% or $1.13 during the last trading session, reaching $29.71. About 17.45 million shares traded or 41.87% up from the average. JD.com, Inc. (NASDAQ:JD) has declined 14.93% since October 12, 2018 and is downtrending. It has underperformed by 14.93% the S&P500.

JD.com, Inc., through its subsidiaries, operates as an e-commerce firm in the PeopleÂ’s Republic of China. The company has market cap of $43.19 billion. The firm operates in two divisions, JD Mall and New Businesses. It has a 202.11 P/E ratio. It sells mobile handsets, consumer electronics products, and auto parts and accessories; home appliances; and general merchandise products directly to clients through its Website jd.com and mobile applications.

JD.com, Inc. (NASDAQ:JD) Ratings Coverage

Among 4 analysts covering JD.com (NASDAQ:JD), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. JD.com has $4100 highest and $3100 lowest target. $36.13’s average target is 21.61% above currents $29.71 stock price. JD.com had 12 analyst reports since April 13, 2019 according to SRatingsIntel. 86 Research upgraded it to “Buy” rating and $4100 target in Friday, October 11 report. The firm earned “Neutral” rating on Wednesday, August 14 by Mizuho.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Seekingalpha.com which released: “Wall Street Breakfast: What Moved Markets This Week – Seeking Alpha” on October 12, 2019, also Investorplace.com with their article: “JD.Com Is Fine, but JD Stock Needs a Poke – Investorplace.com” published on September 20, 2019, Marketwatch.com published: “Dow falls 300 points, stocks end lower for second day as hopes for U.S.-China trade talks fade – MarketWatch” on October 08, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For October 11, 2019 – Benzinga” published on October 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “A Tempting Chart and Possible Trade War Truce Won’t Save JD.com Stock – Yahoo Finance” with publication date: September 12, 2019.

JD.com, Inc. (NASDAQ:JD) Ratings Chart

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