JD.com, Inc. (JD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, JD crossed above the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Over t ...

JD.com, Inc. (JD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, JD broke out above the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend.Shares of ...

JD.com (JD) has seen its stock price decrease 8.7% in the year-to-date period, underperforming the Zacks Internet-Commerce industry, the broader retail sector and the S&P 500 index’s growth of 10.7%, 11.3% and 17.2%, respectively, in the same time frame.The decline comes amid broader market volatility and certain challenges being faced by China. The reduced export volume in the country is weighing heavily on the company’s business prospects.Sluggish consumer discretionary spending, mounting operational expe ...

JD.com, Inc. (JD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +4.5% over the past month versus the Zacks S&P 500 composite's +2.5% change. The Zacks Internet - Commerce industry, to which JD.com belongs, has lost 3% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors a ...

One of legendary investor Michael Burry’s top five holdings, JD.com (NASDAQ: JD), announced on August 27 a $5 billion share repurchase program.The share buyback program, which will last from September 2024 through August 2027 and include American depositary shares (ADS), aims to rekindle investors’ confidence in the face of growing competition in the Chinese e-commerce sector.This program will be another positive development after JD.com posted a beat of its profit forecasts for Q2 on August 15 and will ser ...

BEIJING, Aug. 27, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (“JD.com” or the “Company”) (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that its board of directors (the “Board”) has approved a new share repurchase program (the “New Share Repurchase Program”), effective from September 2024. Pursuant to the New Share Repurchase Program, the Company may repurchase up to US$5.0 billion worth of its shares (including ADS ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), whic ...

Shares of JD.com, Inc. (JD) have gained 1.2% over the past four weeks to close the last trading session at $26.64, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $39.59 indicates a potential upside of 48.6%.The mean estimate comprises 17 short-term price targets with a standard deviation of $9.46. While the lowest estimate of $28 indicates a 5.1% increase from the current price ...

Photo by Nathan Stirk/Getty ImagesGetty ImagesJD Sports Fashion shares rose on Thursday after the athleisure giant reported accelerating sales during the second quarter.At 133p per share, the FTSE 100 company was last dealing 3.8% higher.JD’s like-for-like sales rose 2.4% during the three months to July, while revenues on an organic basis increased 8.3%.Like-for-like sales had fallen 0.7% in the prior quarter, while organic turnover had increased by a more modest 4.9%.JD said that "the quarter-on-quarter tr ...

Recent 13F fillings for Q2 revealed that JD.com (NASDAQ: JD) stock is now legendary investor Michael Burry’s fifth-largest holding at 12.31% portfolio weighting after a 30.56% reduction in the previous quarter.Michael Burry’s portfolio. Source: DataRomaInterestingly, during the previous trading day, JD stock fell 4.57%, decreasing the price of JD shares to $28.19 at the close. Losses extended in pre-market trading by 7.09%.JD stock 24-hour price chart. Source: Google FinanceSo, what exactly caused the slump ...