Alibaba Group Holding Ltd ADR (NYSE: BABA) is -5.02% lower on its value in year-to-date trading and has touched a low of $66.07 and a high of $117.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BABA stock was last observed hovering at around $83.69 in the last trading session, with the day’s loss setting it -3.16%.
Currently trading at $80.53, the stock is -5.61% and -9.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.33 million and changing -3.78% at the moment leaves the stock -4.11% off its SMA200. BABA registered 12.77% gain for a year compared to 6-month gain of 2.56%. The firm has a 50-day simple moving average (SMA 50) of $88.6568 and a 200-day simple moving average (SMA200) of $84.16355.
The stock witnessed a -12.77% loss in the last 1 month and extending the period to 3 months gives it a -25.36%, and is -5.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 1.69% over the month.
Alibaba Group Holding Ltd ADR (BABA) has around 204891 employees, a market worth around $192.82B and $133.46B in sales. Current P/E ratio is 16.53 and Fwd P/E is 8.56. Profit margin for the company is 8.93%. Distance from 52-week low is 21.89% and -31.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.45%).
The EPS is expected to shrink by -0.06% this year.
Alibaba Group Holding Ltd ADR (BABA) Top Institutional Holders
The shares outstanding are 2.39B, and float is at 2.39B with Short Float at 1.57%.
The top institutional shareholder in the company is PRIMECAP MANAGEMENT CO/CA/ with over 21.87 million shares valued at $1.57 billion. The investor’s holdings represent 0.8867% of the BABA Shares outstanding. As of 2024-06-30, the second largest holder is SANDERS CAPITAL, LLC with 18.4 million shares valued at $1.32 billion to account for 0.746 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 18.35 million shares representing 0.7439% and valued at over $1.32 billion, while DODGE & COX holds 0.7311 of the shares totaling 18.03 million with a market value of $1.3 billion.
Alibaba Group Holding Ltd ADR (BABA) Insider Activity
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