EBay Inc (NASDAQ:EBAY) shares, rose in value, with the stock price down by -8.18% to the previous day’s close as strong demand from buyers drove the stock to $57.51.
Actively observing the price movement in the last trading, the stock closed the session at $62.63, falling within a range of $56.38 and $58.89. The PE ratio was 11.21 over 12-month period. Referring to stock’s 52-week performance, its high was $67.80, and the low was $37.17. On the whole, EBAY has fluctuated by -11.79% over the past month.
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With the market capitalization of EBay Inc currently standing at about $28.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 1.06, with its dividend yield at 1.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.32B, with a low estimate of 2.61B and a high estimate of 2.72B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.65B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EBAY’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.16, with the price of EBAY currently trading nearly -11.14% and -8.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 21.71, while the 7-day volatility ratio is showing 2.02% which for the 30-day chart, stands at 1.69%. Furthermore, EBay Inc (EBAY)’s beta value is 1.32, and its average true range (ATR) is 1.46.
A comparison of EBay Inc (EBAY) with its peers suggests the former has fared considerably weaker in the market. EBAY showed an intraday change of -8.18% in last session, and over the past year, it grew by 46.60%%.
Data on historical trading for EBay Inc (NASDAQ:EBAY) indicates that the trading volumes over the past 10 days have averaged 4.97 and over the past 3 months, they’ve averaged 4.76 million. According to company’s latest data on outstanding shares, there are 517.00 million shares outstanding.
Nearly 0.34% of EBay Inc’s shares belong to company insiders and institutional investors own 95.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.09 million shares as on 2024-10-15, resulting in a short ratio of 4.12. According to the data, the short interest in EBay Inc (EBAY) stood at 491.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 28.26 million. The stock has risen by 31.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EBAY stock heading into the next quarter.
