Investors sold shares of JD.Com Inc (NASDAQ:JD) on strength during trading hours on Tuesday. $181.48 million flowed into the stock on the tick-up and $372.91 million flowed out of the stock on the tick-down, for a money net flow of $191.43 million out of the stock. Of all equities tracked, JD.Com had the 0th highest net out-flow for the day. JD.Com traded up $1.29 for the day and closed at $42.97
A number of research firms have recently weighed in on JD. BidaskClub upgraded shares of JD.Com from a “sell” rating to a “hold” rating in a report on Thursday. Wells Fargo & Company assumed coverage on shares of JD.Com in a research note on Tuesday, September 26th. They issued an “outperform” rating and a $50.00 target price on the stock. MKM Partners upgraded shares of JD.Com from a “neutral” rating to a “buy” rating and raised their target price 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. Vetr lowered shares of JD.Com from a “buy” rating to a “hold” rating and set a $44.29 target price on the stock. in a research note on Wednesday, September 13th. Finally, Nomura raised their target price on shares of JD.Com from $49.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 14th. Five equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $46.36.
The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 0.30. The company has a market cap of $61,158.56, a PE ratio of 2,148.50 and a beta of 1.37.
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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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