Alibaba Group Holding Ltd ADR’s Shares Reel: -10.06% Quarterly Revenue Decline Amid 191.08B Market Cap

The stock price for Alibaba Group Holding Ltd ADR (BABA) currently stands at $79.17. The stock experienced a substantial increase in the last session, hitting $87.83 after starting at $86.96. The stock’s lowest price was $85.89 before closing at $87.07.

The market performance of Alibaba Group Holding Ltd ADR’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $121.30 on 01/26/23, while the lowest value for the same duration was $74.58 on 11/22/22.

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52-week price history of BABA Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Alibaba Group Holding Ltd ADR’s current trading price is -34.73% away from its 52-week high, while its distance from the 52-week low is 6.15%. The stock’s price range during the 52-week period has remained between $74.58 and $121.30. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 39.74 million for the day, which was evidently higher than the average daily volume of 12.43 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Alibaba Group Holding Ltd ADR (BABA) has experienced a quarterly decline of -10.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 191.08B and boasts a workforce of 235216 employees.

A Closer Look at Analysts’ Ratings for Alibaba Group Holding Ltd ADR

As of right now, 45 analysts are rating Alibaba Group Holding Ltd ADR as a BUY, 7 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 88.64, with a change in price of -8.45. Similarly, Alibaba Group Holding Ltd ADR recorded 15,274,616 in trading volume during the last 100 days, posting a change of -9.70%.

Examining BABA’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BABA stands at 0.16. Similarly, the long-term debt-to-equity ratio is also 0.16.

BABA Stock Stochastic Average

Alibaba Group Holding Ltd ADR’s raw stochastic average for the past 50 days is presently 3.70%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 53.01% and 56.55%, respectively.

BABA Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -10.13%. However, over the past six months, we’ve seen a stronger performance of -7.69%. The price of BABA leaped by -4.63% over the last 30 days. And in the last five days, it has fallen by -4.30%.

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