Alibaba Group Holding Ltd ADR (NYSE: BABA) is 54.28% higher on its value in year-to-date trading and has touched a low of $67.78 and a high of $145.30 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 $132.51 in the last trading session, with the day’s loss setting it -1.7%.
Currently trading at $130.81, the stock is 7.87% and 30.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.31 million and changing -1.28% at the moment leaves the stock 45.70% off its SMA200. BABA registered 76.87% gain for a year compared to 6-month gain of 64.29%.
The stock witnessed a 27.32% loss in the last 1 month and extending the period to 3 months gives it a 53.57%, and is 1.37% 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 3.10% over the week and 4.05% over the month.
Alibaba Group Holding Ltd ADR (BABA) has around 204891 employees, a market worth around $313.21B and $136.42B in sales. Current P/E ratio is 18.90 and Fwd P/E is 13.20. Profit margin for the company is 12.27%. Distance from 52-week low is 92.99% and -9.97% from its 52-week high. The company has generated returns on investments over the last 12 months (10.09%).
with sales reaching $237.04B over the same period.The EPS is expected to grow by 4.43% this year, but quarterly earnings will post 6.20% year-over-year. Quarterly sales are estimated to grow 6.84% 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 2.24%.
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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Alibaba Group Holding Ltd ADR (BABA): Who are the competitors?
The company’s main competitors (and peers) include Beyond Inc. (BYON) that is trading -82.19% down over the past 12 months. Rakuten Group Inc. ADR (RKUNY) that is 9.32% higher over the same period.
