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In the latest session, Alibaba Group Holding Ltd ADR (NYSE: BABA) closed at $107.81 down -2.12% from its previous closing price of $110.14. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 21.06 million shares were traded. BABA stock price reached its highest trading level at $110.08 during the session, while it also had its lowest trading level at $106.92.
Ratios:
For a deeper understanding of Alibaba Group Holding Ltd ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.19.
On February 08, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $88.50 to $85.40.
Mizuho reiterated its Buy rating for the stock on January 17, 2024, while the target price for the stock was revised from $120 to $100.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BABA now has a Market Capitalization of 260900192256 and an Enterprise Value of 1957510381568. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.18, and their Forward P/E ratio for the next fiscal year is 11.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 2.06 whereas that against EBITDA is 11.085.
Stock Price History:
Over the past 52 weeks, BABA has reached a high of $117.82, while it has fallen to a 52-week low of $66.07. The 50-Day Moving Average of the stock is 19.30%, while the 200-Day Moving Average is calculated to be 37.03%.
Shares Statistics:
For the past three months, BABA has traded an average of 18.55M shares per day and 31684410 over the past ten days. A total of 2.43B shares are outstanding, with a floating share count of 2.39B. Insiders hold about 0.13% of the company’s shares, while institutions hold 14.85% stake in the company. Shares short for BABA as of 1727654400 were 67990367 with a Short Ratio of 3.67, compared to 1724976000 on 54653125. Therefore, it implies a Short% of Shares Outstanding of 67990367 and a Short% of Float of 3.39.
Dividends & Splits
According to the company, the forward annual dividend rate for BABA is 2.00, from 7.221 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06556202
