EBay Inc (NASDAQ:EBAY) shares, rose in value on Wednesday, January 22, with the stock price down by -1.16% to the previous day’s close as strong demand from buyers drove the stock to $63.88.
Actively observing the price movement in the last trading, the stock closed the session at $64.63, falling within a range of $63.83 and $65.06. The value of beta (5-year monthly) was 1.337 whereas the PE ratio was 16.13 over 12-month period. Referring to stock’s 52-week performance, its high was $71.52, and the low was $40.74. On the whole, EBAY has fluctuated by -0.36% over the past month.
With the market capitalization of EBay Inc currently standing at about $30.60 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.08, with its dividend yield at 1.69%.
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 1.63, with the price of EBAY currently trading nearly -0.45% and 0.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.74, while the 7-day volatility ratio is showing 2.07% which for the 30-day chart, stands at 2.64%. Furthermore, EBay Inc (EBAY)’s beta value is 1.34, and its average true range (ATR) is 1.91.
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 55.31%%.
Data on historical trading for EBay Inc (NASDAQ:EBAY) indicates that the trading volumes over the past 10 days have averaged 6.15 and over the past 3 months, they’ve averaged 4.72 million. According to company’s latest data on outstanding shares, there are 482.00 million shares outstanding.
Nearly 0.32% of EBay Inc’s shares belong to company insiders and institutional investors own 94.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.87 million shares as on 2024-12-31, resulting in a short ratio of 4.49. According to the data, the short interest in EBay Inc (EBAY) stood at 450.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 22.3 million. The stock has risen by 3.12% 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.
