EBay Inc (NASDAQ:EBAY) shares, rose in value on Thursday, December 12, with the stock price up by 1.16% to the previous day’s close as strong demand from buyers drove the stock to $63.90.
Actively observing the price movement in the last trading, the stock closed the session at $63.17, falling within a range of $63.03 and $64.57. The value of beta (5-year monthly) was 1.337 whereas the PE ratio was 16.14 over 12-month period. Referring to stock’s 52-week performance, its high was $67.80, and the low was $40.16. On the whole, EBAY has fluctuated by 3.90% over the past month.
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With the market capitalization of EBay Inc currently standing at about $30.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 1.35, with its dividend yield at 2.11%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.28B, with a low estimate of 2.56B and a high estimate of 2.82B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.59B.
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 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.15, with the price of EBAY currently trading nearly 1.31% and 0.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.06, while the 7-day volatility ratio is showing 2.58% which for the 30-day chart, stands at 2.25%. Furthermore, EBay Inc (EBAY)’s beta value is 1.35, and its average true range (ATR) is 1.58.
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 1.16% in last session, and over the past year, it grew by 55.44%%.
Data on historical trading for EBay Inc (NASDAQ:EBAY) indicates that the trading volumes over the past 10 days have averaged 3.77 and over the past 3 months, they’ve averaged 4.76 million. According to company’s latest data on outstanding shares, there are 482.00 million shares outstanding.
Nearly 0.35% of EBay Inc’s shares belong to company insiders and institutional investors own 94.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.3 million shares as on 2024-11-29, resulting in a short ratio of 4.64. According to the data, the short interest in EBay Inc (EBAY) stood at 532.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 19.08 million. The stock has risen by 46.49% 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.
