JD Logistics, Inc. (OTCMKTS:JDLGF – Get Free Report) shot up 21.4% during mid-day trading on Tuesday . The stock traded as high as $1.70 and last traded at $1.70. 4,101 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 2,050 shares. The stock had previously closed at $1.40.
JD Logistics Trading Up 21.4%
The firm has a fifty day simple moving average of $1.28 and a 200-day simple moving average of $1.40.
JD Logistics Company Profile
JD Logistics is the logistics and supply chain management arm of JD.com, one of China’s largest e-commerce platforms. Established to bring transparency and efficiency to warehousing and delivery, the company was spun off in 2021 to operate as an independent public entity. Headquartered in Beijing, JD Logistics leverages the technology and infrastructure strengths of its parent organization while pursuing its own growth strategies in both domestic and international markets.
The company offers an integrated suite of services that spans warehousing, order fulfillment, last-mile delivery, cold chain logistics and supply chain consulting.
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