JD.com (NASDAQ:JD) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (6.87 million) in JD.com (NASDAQ:JD). On Wednesday, The value of composite uptick trades was $35.63 million, whereas, the value of composite downtick trades was $42.5 million and the ratio between the two was 0.84, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $20.35 million. $11.9 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.59. The negative money flow of ($8.44 million) shows selling on strength. JD.com (NASDAQ:JD) gained $0.07 intraday at $20.39 and registrered 0.34% for the week.
Institutional Investors own 52.99% of JD.com shares.
The company shares have dropped -38.89% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $35.56 and the one year low was seen on Jun 16, 2016. The 50-Day Moving Average price is $22.26 and the 200 Day Moving Average price is recorded at $25.92. JD.com (NASDAQ:JD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.48 and $20.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.39, notching a gain of 0.34% for the day. The total traded volume was 11,708,079 . The stock had closed at $20.32 on the previous day.
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.