|Bid||78.01 x 3200|
|Ask||78.02 x 1800|
|Day's Range||76.52 - 79.24|
|52 Week Range||61.65 - 108.29|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||30.47|
|Earnings Date||Aug. 11, 2020 - Aug. 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||104.43|
Shares of JD.com (NASDAQ: JD) were gaining today after the Chinese e-commerce stock received a bullish analyst note and as tech stocks rallied broadly on early reports that the omicron variant may not be as severe as feared. Analyst Ellie Jiang said the company had "built a strong service moat" through its investments in supply chain and logistics, and expects the company's growth momentum to persist into 2022. Jiang also forecast sustainable 19% annual gross merchandise volume through 2025, showing JD.com should continue to gain market share.
The Zacks Analyst Blog Highlights: JD.com, TDK and AU Optronics
Macrolens Managing Principal Brian McCarthy anticipates market shifts for Chinese companies that may shy away from foreign markets following DiDi Global's example after its delisting from the NYSE.