Alibaba Group Holding Ltd ADR (NYSE:BABA) traded at $85.52 at close of the session on Monday, January 06 and made a downward move of -0.02% on its previous day’s price.
Looking at the stock we see that its previous close was $85.54 and the beta (5Y monthly) reads 0.349 with the day’s price range being $85.21 – $87.3601. The company has a trailing 12-month PE ratio of 17.56. In terms of its 52-week price range, BABA has a high of $117.82 and a low of $66.07. The company’s stock has gained about 0.69% over that past 30 days.
Alibaba Group Holding Ltd ADR has a market cap of $204.77 billion and is expected to release its quarterly earnings report in February. With its Forward Dividend at 1.00 and a yield of 1.17%, the company’s investors could be anxious for the BABA stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the BABA stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold.
Based on estimates by 30 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 9 have rated the Alibaba Group Holding Ltd ADR (BABA) stock as a Hold, while 21 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the BABA stock currently stands at 1.13, and the current price level is -0.88% off its SMA20 and -4.51% from its 50-day simple moving average. The RSI (14) is pointing at 46.17 while the volatility over the past week is 1.57% and jumps to 1.67% over the past one month. The beta value is 0.29, while the average true range (ATR) is currently pointing at 2.01. The average price target for the stock over the next 12 months is $116, with the estimates having a low of $108 and a high of $137. These price ends are -26.29% and -60.2% off the current price level respectively, although investors could be excited at the prospect of a -35.64% if the BABA share price touches on the median price of $116.
Coming back to Alibaba Group Holding Ltd ADR (NYSE:BABA), we note that the average 3-month trading volume was 16.10 million, while that of the preceding 10-day period stands at 11.74 million. Current shares outstanding are 2.39 billion.
The insiders hold 0.16% of the company’s shares while institutions hold 15.43%. The data shows that short shares as of 2024-10-31, stood at 62.56 million at a short ratio of 2.58. This represents a 312.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 67.99 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 0.86% up in year-to-date price movement.
