JD.com Sees Unusually High Options Volume (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) saw some unusual options trading activity on Monday. Investors bought 189,214 call options on the stock. This represents an increase of approximately 65% compared to the typical volume of 114,543 call options.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Loop Capital upgraded JD.com from a “hold” rating to a “buy” rating and cut their target price for the stock from $49.00 to $48.00 in a research note on Monday, October 21st. Citigroup reduced their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. StockNews.com upgraded JD.com from a “hold” rating to a “buy” rating in a research note on Friday, November 22nd. Benchmark restated a “buy” rating and set a $47.00 price target on shares of JD.com in a research report on Friday, November 15th. Finally, Susquehanna reaffirmed a “neutral” rating and issued a $28.00 price objective on shares of JD.com in a research report on Monday, August 19th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.36.

JD.com Stock Performance

Shares of JD opened at $41.27 on Tuesday. JD.com has a 52-week low of $20.82 and a 52-week high of $47.82. The stock’s 50-day simple moving average is $39.33 and its 200 day simple moving average is $31.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The stock has a market capitalization of $65.09 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 0.30 and a beta of 0.38.

Hedge Funds Weigh In On JD.com

Several hedge funds have recently bought and sold shares of JD. Cetera Advisors LLC bought a new position in JD.com in the 1st quarter worth about $280,000. QRG Capital Management Inc. lifted its position in JD.com by 4.7% during the second quarter. QRG Capital Management Inc. now owns 28,408 shares of the information services provider’s stock valued at $734,000 after purchasing an additional 1,273 shares during the last quarter. SG Americas Securities LLC grew its stake in JD.com by 51.1% in the 2nd quarter. SG Americas Securities LLC now owns 60,484 shares of the information services provider’s stock worth $1,563,000 after buying an additional 20,445 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JD.com by 16.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,858 shares of the information services provider’s stock worth $255,000 after buying an additional 1,396 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its position in shares of JD.com by 4.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 17,303 shares of the information services provider’s stock valued at $447,000 after buying an additional 797 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.