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In the latest session, Alibaba Group Holding Ltd ADR (NYSE: BABA) closed at $84.42 down -0.33% from its previous closing price of $84.70. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 7.75 million shares were traded. BABA stock price reached its highest trading level at $85.0 during the session, while it also had its lowest trading level at $84.04.
Ratios:
For a deeper understanding of Alibaba Group Holding Ltd ADR’s stock, let’s take a closer look at its various ratios. 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.
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 203717279744 and an Enterprise Value of 1512539029504. As of this moment, Alibaba’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.06, and their Forward P/E ratio for the next fiscal year is 8.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 1.592 whereas that against EBITDA is 8.565.
Stock Price History:
Over the past 52 weeks, BABA has reached a high of $89.69, while it has fallen to a 52-week low of $66.07. The 50-Day Moving Average of the stock is 5.40%, while the 200-Day Moving Average is calculated to be 11.51%.
Shares Statistics:
For the past three months, BABA has traded an average of 12.88M shares per day and 10651240 over the past ten days. A total of 2.43B shares are outstanding, with a floating share count of 2.17B. Insiders hold about 0.13% of the company’s shares, while institutions hold 16.42% stake in the company. Shares short for BABA as of 1724976000 were 54653125 with a Short Ratio of 4.24, compared to 1722384000 on 55322235. Therefore, it implies a Short% of Shares Outstanding of 54653125 and a Short% of Float of 2.71.
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 0.08525384
