EBay Inc. (NASDAQ:EBAY) shares, rose in value on Friday, April 26, with the stock price up by 1.19% to the previous day’s close as strong demand from buyers drove the stock to $51.95.
Actively observing the price movement in the recent trading, the stock is buoying the session at $51.34. The PE ratio was 9.97 over 12-month period. Referring to stock’s 52-week performance, its high was $52.93, and the low was $37.17. On the whole, EBAY has fluctuated by 0.06% over the past month.
The company’s Forward Dividend Ratio is 1.02, with its dividend yield at 1.96%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.29B, with a low estimate of 2.52B and a high estimate of 2.56B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.53B.
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 1.30, with the price of EBAY currently trading nearly 1.16% and 4.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.97, while the 7-day volatility ratio is showing 1.71% which for the 30-day chart, stands at 1.80%. Furthermore, EBay Inc. (EBAY)’s beta value is 1.31, and its average true range (ATR) is 0.99.
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 1.19% in today’s session so far, and over the past year, it grew by 19.81%%.
Data on historical trading for EBay Inc. (NASDAQ:EBAY) indicates that the trading volumes over the past 3 months, they’ve averaged 6.67 million. According to company’s latest data on outstanding shares, there are 517.00 million shares outstanding.
Nearly 0.31% of EBay Inc.’s shares belong to company insiders and institutional investors own 91.36% of the company’s shares. The stock has risen by 19.10% 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.
