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The price of Alibaba Group Holding Ltd ADR (NYSE: BABA) closed at $76.01 in the last session, up 0.41% from day before closing price of $75.70. In other words, the price has increased by $0.41 from its previous closing price. On the day, 12.19 million shares were traded. BABA stock price reached its highest trading level at $76.655 during the session, while it also had its lowest trading level at $75.25.
Ratios:
We take a closer look at BABA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Macquarie on February 08, 2024, Downgraded its rating to Neutral and sets its target price to $85.40 from $88.50 previously.
On January 17, 2024, Mizuho reiterated its Buy rating and also upped its target price recommendation from $120 to $100.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 01, 2023, whereas the target price for the stock was revised from $110 to $90.
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 180600520704 and an Enterprise Value of 1231090352128. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.45, and their Forward P/E ratio for the next fiscal year is 8.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 1.308 whereas that against EBITDA is 6.719.
Stock Price History:
The Beta on a monthly basis for BABA is 0.32, which has changed by -0.21322846 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, BABA has reached a high of $101.63, while it has fallen to a 52-week low of $66.07. The 50-Day Moving Average of the stock is -2.19%, while the 200-Day Moving Average is calculated to be -0.31%.
Shares Statistics:
According to the various share statistics, BABA traded on average about 16.58M shares per day over the past 3-months and 11595380 shares per day over the past 10 days. A total of 2.43B shares are outstanding, with a floating share count of 2.26B. Insiders hold about 0.24% of the company’s shares, while institutions hold 15.92% stake in the company. Shares short for BABA as of 1718323200 were 51191897 with a Short Ratio of 3.09, compared to 1715731200 on 46553945.
Dividends & Splits
The forward annual dividend rate for BABA is 2.00, which was 7.221 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0953897
