JD.com (NASDAQ:JD) dropped by -2.99 or -0.65 points during the last session to $21.06 per share. One of the highlights of the day was the net money flow figure, which stood at $9.85 million even as the stock accepted $42.68 million in upticks but rejected $32.84 million in downticks. The up/down ratio for the last observation was a 1.3. The 1-week percentage change for the stock price is registered at -8.36%.A block transaction occurred with $13.57 million in upticks and $4.73 million in downticks while the up/down ratio was calculated to be 2.87. The stock witnessed a net inflow of $8.84 million at the end of the block trade.
Institutional Investors own 52.99% of JD.com shares.
JD.com (NASDAQ:JD) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.33% at $20.99 with 9,725,979 shares getting traded. Post opening the session at $20.95, the shares hit an intraday low of $20.8 and an intraday high of $21.28 and the price was in this range throughout the day. The company has a market cap of $29,320 million and the number of outstanding shares have been calculated to be 1,396,878,300 shares. The 52-week high of JD.com (NASDAQ:JD) is $37.82 and the 52-week low is $20.82.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Credit Suisse downgrades its rating on JD.com (NASDAQ:JD). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The Analysts at Credit Suisse lowers the price target from $38 per share to $21 per share. The rating by the firm was issued on May 10, 2016.
JD.com, Inc. is an online direct sales company. The Company engages primarily 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 Peoples republic of China (PRC) on the Internet through its Website jd.com. It also operates its online marketplace under which third-party sellers sell products on the Companys Website to customers. The Company has approximately 518 million product reviews generated by its customers. The Company operates approximately 123 warehouses with an aggregate gross floor area of approximately 2.2 million square meters in 40 cities and 3,210 delivery stations and pickup stations in 1,862 counties and districts across China. The Company provides same-day delivery in approximately 134 counties and districts and next-day delivery in approximately 866 counties and districts across China.