Today’s Research Reports on Trending Tickers: JD.com and Vipshop Holdings
NEW YORK, NY / ACCESSWIRE / February 14, 2018 / Strong performances from banking and technology stocks helped lift the markets further into the green on Tuesday. The Dow Jones Industrial Average gained 0.16 percent to close at 24,640.45, while the S&P 500 Index increased 0.26 percent to close at 2,662.94. The tech-heavy Nasdaq Composite Index rose 0.45 percent to close at 7,013.51. U.S. markets have experienced steep declines last week on rising interest rates and inflation concerns.
"If inflation continues to pick up, the equity market will continue to struggle from here. If worries about inflation come true, the problem is that central banks will have no choice but to raise rates, which won't just have an impact on the equity markets but also on the real economy," said Nick Clay, the lead manager of the BNY Mellon Global Equity Higher Income Fund, according to MarketWatch.
RDI Initiates Coverage on:
JD.com, Inc.
https://rdinvesting.com/news/?ticker=JD
Vipshop Holdings Ltd.
https://rdinvesting.com/news/?ticker=VIPS
JD.com's stock moved 1.90% higher Tuesday, to close the day at $44.55. The stock recorded a trading volume of 8,430,436 shares, which was below its three months average volume of 15,525,191 shares. In the last year, JD.com's shares have traded in a range of 29.28 - 50.68. The share price has gained 52.15% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $45.46 is greater than its 200-day moving average of $41.99. Shares of JD.com have fallen roughly 3.99 percent in the past month and are up 7.56 percent year-to-date.
Access RDI's JD.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=JD
On Tuesday, shares of Vipshop Holdings recorded a trading volume of 32,442,260 shares, which was above the three months average volume of 11,892,556 shares. The stock ended the day 6.71% higher at 17.49. The share price has gained 124.52% from its 52 week low with a 52 week trading range of 7.79 - 17.99. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $14.74 is greater than its 200-day moving average of $10.59. Shares of the company are trading at a Price to Earnings ratio of 33.12. Shares of Vipshop Holdings have gained roughly 20.54 percent in the past month and are up 49.23 percent year-to-date.
Access RDI's Vipshop Holdings Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=VIPS
Our Actionable Research on JD.com, Inc. (NASDAQ:JD) and Vipshop Holdings Ltd. (NYSE:VIPS) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
