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Alibaba Group Holding Ltd ADR (NYSE: BABA) closed the day trading at $91.78 down -3.81% from the previous closing price of $95.42. In other words, the price has decreased by -$3.81 from its previous closing price. On the day, 21.5 million shares were traded. BABA stock price reached its highest trading level at $93.32 during the session, while it also had its lowest trading level at $91.035.
Ratios:
For a better understanding of BABA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.96. 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 222782177280 and an Enterprise Value of 1652555776000. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.99, and their Forward P/E ratio for the next fiscal year is 9.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 1.739 whereas that against EBITDA is 9.358.
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 -6.05%, while the 200-Day Moving Average is calculated to be 12.69%.
Shares Statistics:
Over the past 3-months, BABA traded about 20.03M shares per day on average, while over the past 10 days, BABA traded about 13217150 shares per day. A total of 2.43B shares are outstanding, with a floating share count of 2.39B. Insiders hold about 0.11% of the company’s shares, while institutions hold 15.15% stake in the company. Shares short for BABA as of 1728950400 were 68871646 with a Short Ratio of 3.12, compared to 1726185600 on 62724018. Therefore, it implies a Short% of Shares Outstanding of 68871646 and a Short% of Float of 3.4299999999999997.
Dividends & Splits
BABA’s forward annual dividend rate is 2.00, up from 7.221 a year ago. Against a Trailing Annual Dividend Yield of 0.075675964
