Alibaba Group Holding Ltd ADR (NYSE: BABA) is 49.66% higher on its value in year-to-date trading and has touched a low of $67.78 and a high of $126.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BABA stock was last observed hovering at around $124.73 in the last trading session, with the day’s gains setting it 2.17%.
Currently trading at $126.90, the stock is 23.86% and 37.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 41.94 million and changing 1.74% at the moment leaves the stock 45.33% off its SMA200. BABA registered 74.39% gain for a year compared to 6-month gain of 59.54%.
The stock witnessed a 53.95% loss in the last 1 month and extending the period to 3 months gives it a 37.93%, and is 14.00% up 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 4.09% over the week and 3.94% over the month.
Alibaba Group Holding Ltd ADR (BABA) has around 204891 employees, a market worth around $303.85B and $133.46B in sales. Current P/E ratio is 26.05 and Fwd P/E is 13.44. Profit margin for the company is 8.93%. Distance from 52-week low is 87.22% and 0.08% from its 52-week high. The company has generated returns on investments over the last 12 months (7.45%).
with sales reaching $278.93B over the same period.The EPS is expected to shrink by -0.13% this year, but quarterly earnings will post 6.16% year-over-year. Quarterly sales are estimated to grow 7.14% in year-over-year returns.
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 2.07%.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 11.61 million shares valued at $835.58 million. The investor’s holdings represent 0.4705% of the BABA Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 10.77 million shares valued at $775.22 million to account for 0.4365 of the shares outstanding. The other top investors are CITADEL ADVISORS LLC which holds 9.96 million shares representing 0.404% and valued at over $717.42 million, while BANK OF AMERICA CORP /DE/ holds 0.402 of the shares totaling 9.92 million with a market value of $713.89 million.
Alibaba Group Holding Ltd ADR (BABA) Insider Activity
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