As of January 24, 2024, the options activity surrounding JD.com (NASDAQ: JD) suggests a prevailing bearish sentiment among major financial players, with 60% of the trades indicating a bearish outlook. Over the past three months, the trading volumes and Open Interest have indicated a predicted price range for JD.com stock between $21.0 and $35.0.
Notably, the largest options trades observed have been bearish put trades, set to expire on June 21, 2024, with a strike price of $35.00. These trades have been valued at $2.6 million, $2.5 million, and $1.7 million, respectively. Additionally, bearish call sweep trades have been identified for expiration dates of March 15, 2024, and January 17, 2025, with a strike price of $22.50. The values for these trades amount to $553.0 thousand and $252.5 thousand, respectively.
Looking at the overall options market, the average open interest for JD.com options currently stands at 8388.75, with a total trading volume of 15,480.00. In the past 30 days, high-value trades have predominantly focused on the strike price range of $21.0 to $35.0.
JD.com is a prominent e-commerce platform renowned for its extensive range of authentic products and nationwide fulfillment infrastructure. In terms of China’s Gross Merchandise Volume (GMV) in 2022, JD.com’s figures are comparable to Pinduoduo but lower than Alibaba.
Analyzing the detailed options activity and market sentiment can offer valuable insights for investors and traders seeking to comprehend the market’s expectations and JD.com’s stock price movement.
JD Stock Performance: Slight Increase but Underperforming, Potential Bearish Trend – January 24, 2024
JD, the Chinese e-commerce giant, experienced a mixed performance on January 24, 2024. The stock closed at $23.60, representing a slight increase of $0.38 or 1.64% since the previous market close. Despite the positive price change during regular trading hours, JD faced a minor setback in after-hours trading, with the stock dropping by $0.10. Trading near the bottom of its 52-week range suggests that JD shares have been underperforming in recent times. JD’s trading below its 200-day simple moving average indicates a potential bearish trend. It is important to note that the stock’s price change of $0.38 or 1.64% represents a relatively modest increase. The minor decline of $0.10 in after-hours trading further adds to the uncertainty surrounding JD’s performance. Investors should conduct thorough research and analysis before making any decisions.
JD.com Stock Performance: Revenue Decline, Impressive Growth in Net Income and EPS
JD.com, also known as Jingdong, is a leading Chinese e-commerce company. On January 24, 2024, the company’s stock performance showed interesting trends, reflecting its financial performance over the past year and the third quarter.
JD.com reported a total revenue of $155.37 billion in the past year, a 5.3% increase compared to the previous year. However, the company experienced a 16.66% decrease in total revenue since the last quarter, with the Q3 revenue standing at $34.18 billion.
JD.com achieved impressive growth in its net income. The company reported a net income of $1.54 billion for the past year, a 379.26% increase compared to the previous year. Additionally, the net income for the third quarter stood at $1.09 billion, reflecting a 16.82% increase since the last quarter.
JD.com’s earnings per share (EPS) for the past year was $0.97, a significant increase of 372.78% compared to the previous year. Similarly, the EPS for the third quarter was $0.69, reflecting a 16.67% increase since the last quarter.
Overall, JD.com’s stock performance on January 24, 2024, indicates a mixed bag of results. While the company experienced a decline in total revenue since the last quarter, it managed to achieve substantial growth in net income and EPS. These positive financial indicators suggest that JD.com is on the right track and has the potential for further growth and success in the future. However, it is important for investors to closely monitor the company’s performance and consider other factors that may impact its stock performance.
