EBay Inc (NASDAQ:EBAY) shares, rose in value, with the stock price up by 0.38% to the previous day’s close as strong demand from buyers drove the stock to $73.01.
Actively observing the price movement in the recent trading, the stock is buoying the session at $72.74. The PE ratio was 17.45 over 12-month period. Referring to stock’s 52-week performance, its high was $73.18, and the low was $51.72. On the whole, EBAY has fluctuated by 7.12% over the past month.
With the market capitalization of EBay Inc currently standing at about $33.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.39, with its dividend yield at 1.90%.
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 100% 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 2.11, with the price of EBAY currently trading nearly 2.82% and 7.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.52, while the 7-day volatility ratio is showing 0.48% which for the 30-day chart, stands at 1.08%. Furthermore, EBay Inc (EBAY)’s beta value is 1.26, and its average true range (ATR) is 1.62.
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 0.38% in today’s session so far, and over the past year, it grew by 38.02%%.
Data on historical trading for EBay Inc (NASDAQ:EBAY) indicates that the trading volumes over the past 3 months, they’ve averaged 5.73 million. According to company’s latest data on outstanding shares, there are 463.00 million shares outstanding.
Nearly 0.32% of EBay Inc’s shares belong to company insiders and institutional investors own 99.40% of the company’s shares. The stock has risen by 17.86% 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.
