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Shares of China's e-commerce company JD.com (NASDAQ: JD) are 4.4% higher as of 1:54 p.m. ET Thursday, according to numbers from S&P Global Market Intelligence.The move -- in contrast with rival ...
For perspective, the stock trades at a price-to-sales (P/S) and price-to-earnings (P/E) ratio of 0.3 and 12.3, respectively, significantly lower than its five-year average of 1 and 81.6.
Chinese consumer stocks took a hit on lackluster Q2 growth.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
In addition to that, Lee reiterated his $100 price target for the stock. For the record, that’s above the analyst consensus price t Chinese Internet Stocks: Why JD, BABA and BIDU Are Climbing Today
After reaching its all-time-high price in 2021, JD's stock has gone nowhere but down. Its poor stock performance, however, means that the stock is trading at an extremely attractive valuation.
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Chinese stocks such as Pinduoduo (NASDAQ:PDD), DiDi (NYSE:DIDI) and JD.com (NASDAQ:JD) are rising today after China’s central bank cut interest rates. Source: ESB Professional / Shutterstock.com ...