Alibaba Group Holding Ltd ADR (NYSE: BABA) is 45.61% higher on its value in year-to-date trading and has touched a low of $71.80 and a high of $148.43 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 $123.90 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $123.46, the stock is 0.30% and -1.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.05 million and changing -0.36% at the moment leaves the stock 20.26% off its SMA200. BABA registered 56.60% gain for a year compared to 6-month gain of 34.52%.
The stock witnessed a 15.65% loss in the last 1 month and extending the period to 3 months gives it a -1.02%, and is -1.49% 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 2.03% over the week and 2.23% over the month.
Alibaba Group Holding Ltd ADR (BABA) has around 124320 employees, a market worth around $295.61B and $138.04B in sales. Current P/E ratio is 16.57 and Fwd P/E is 11.30. Profit margin for the company is 13.03%. Distance from 52-week low is 71.95% and -16.82% from its 52-week high. The company has generated returns on investments over the last 12 months (10.71%).
with sales reaching $257.29B over the same period.The EPS is expected to grow by 6.35% this year, but quarterly earnings will post 7.43% year-over-year. Quarterly sales are estimated to grow 5.78% 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 1.69%.
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 0.1108% 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 0.0932 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 18.35 million shares representing 0.093% and valued at over $1.32 billion, while DODGE & COX holds 0.0914 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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