Hot NEWS Alert: JD.Com Inc (NASDAQ: JD)

JD.Com Inc (NASDAQ: JD) stock price moved down at -0.21% on Friday. Its total market capitalization is $42252338363. Its day lowest price was $28.85 and its hit its day highest price at $29.55. The stock recent volume is 13397489 shares in comparison to its average trading volume of 16256104 shares. Looking at the stock’s price level on the past 52-week graph, JD recorded a 52-week high of $41.59 and its 52-week low of $19.21. (NASDAQ: JD), China’s leading technology driven e-commerce company and retail infrastructure service provider, reported that, effective as of June 22, 2019, the Company engaged Deloitte Touche Tohmatsu Certified Public Accountants LLP (“Deloitte”) as the Company’s independent registered public accounting firm, to replace PricewaterhouseCoopers Zhong Tian LLP (“PwC”). The change of the Company’s independent registered public accounting firm was approved by the Audit Committee of its Board of Directors.

Deloitte is engaged to audit and report on the consolidated financial statements of the Company for the year ending December 31, 2019 and on the effectiveness of the Company’s internal control over financial reporting as of December 31, 2019.

PwC has served as the Company’s independent registered public accounting firm since 2010, and the reports of PwC on the Company’s consolidated financial statements have contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle. During the whole service period, there has been no disagreements between the Company and PwC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of PwC would have caused them to make reference to the disagreements in their audit reports.

Its earnings per share (EPS) expected to touch remained 94.30% for this year while earning per share for the next 5-years is expected to reach at 4.81%. JD has a gross margin of 14.50% and an operating margin of -0.30% while its profit margin remained 0.70% for the last 12 months. 

 According to the most recent quarter its current ratio was 0.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 7.70% from the mean of 20 days, 2.33% from mean of 50 days SMA and performed 13.98% from mean of 200 days price. Company’s performance for the week was 7.43%, 2.94% for month and YTD performance remained 38.84%.

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