JD.Com Inc (NASDAQ:JD) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 31,745,271 shares, a drop of 5.1% from the February 15th total of 33,452,632 shares. Based on an average daily trading volume, of 10,955,719 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.9% of the shares of the company are sold short.
Shares of JD.Com (JD) opened at $45.71 on Monday. JD.Com has a fifty-two week low of $29.88 and a fifty-two week high of $50.68. The firm has a market capitalization of $65,090.00, a P/E ratio of 4,571.00 and a beta of 1.51. The company has a current ratio of 0.97, a quick ratio of 0.79 and a debt-to-equity ratio of 0.21.
JD.Com (NASDAQ:JD) last announced its quarterly earnings data on Friday, March 2nd. The information services provider reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.06). JD.Com had a positive return on equity of 2.38% and a negative net margin of 0.05%. The firm had revenue of $110,165.33 billion for the quarter, compared to analyst estimates of $108.88 billion. During the same period in the previous year, the business posted ($0.40) EPS. JD.Com’s revenue for the quarter was up 38.7% compared to the same quarter last year. research analysts expect that JD.Com will post 0.33 earnings per share for the current fiscal year.
A number of analysts have issued reports on the company. TheStreet lowered JD.Com from a “c” rating to a “d+” rating in a report on Wednesday, March 7th. KeyCorp set a $55.00 target price on JD.Com and gave the company a “buy” rating in a report on Monday, March 5th. JPMorgan Chase & Co. lowered their target price on JD.Com from $50.00 to $48.00 and set an “overweight” rating on the stock in a report on Monday, March 5th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $50.00 target price on shares of JD.Com in a report on Friday, March 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of JD.Com in a report on Friday, March 2nd. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. JD.Com presently has a consensus rating of “Buy” and a consensus price target of $48.44.
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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