Alibaba Group Holding Ltd ADR (NYSE:BABA) currently has a daily average trading volume of 20.43M but it saw 9808249 shares traded in last market. With a market cap of 213.65B USD, the company’s current market price of $89.23 came rising about 0.28 while comparing to the previous closing price of $88.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $117.82 and as low as $66.07. In the recent trading on the day, stock has struck highest price mark of $88.76 while lowest mark touched by it was $88.97.
Taking a look at 20-day trading activity of Alibaba Group Holding Ltd ADR (BABA) gives us an average price of $87.14, while its current price level is -24.27% below from 52-week high level whereas it is 35.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $95.88 while that of 200 days or SMA-200 reads an average of $83.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.53% during that period while stretching the period over a month that increases to 1.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.81 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Macquarie which upgraded the stock as “Outperform” in its note to investors issued on October 07, 2024, recommending a price target of $145 for it. Macquarie downgraded its recommendation for the stock as a “Neutral” from “Outperform” on February 08, 2024 while assigning a price target range of $88.50-$85.40. Mizuho issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $120 and $100.
Over the week, BABA’s stock price is moving 6.04% up while it is -2.78% when we observe its performance for the past one month. Year-to-date it is 16.10% up and over the past year, the stock is showing an upside performance of 26.06%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 20.0 while estimate for next year EPS is 63.81. In next quarter, company is expected to be making quarterly sales of $240.56B as analysts are expecting the sales for current fiscal year at $999.96B and seeing the company making $1.09T in sales next year. Moreover, analysts are in estimates of $278.39B for current-quarter revenue.
Currently, Alibaba Group Holding Ltd ADR’s total number of outstanding shares is 2.39B with 0.01% of that held by the insiders while 16.10% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.45% and return on equity (ROE) at 8.59%. It has a price to earnings ratio (P/E ratio) of 18.32 while having a 9.31 of forward P/E ratio. Stock’s beta reads 0.29. Stock has a price to book (P/B) ratio of 1.53 while price to sale or P/S ratio amounts to 1.60. Its return on asset (ROA) is 4.78% on average.
