The 36-month beta value for EBAY is also noteworthy at 1.36. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 22 rating it as “hold,” and 2 rating it as “sell.”
The average price estimated by analysts for EBAY is $47.96, which is $6.76 above than the current price. The public float for EBAY is 533.61M, and at present, short sellers hold a 2.42% of that float. The average trading volume of EBAY on March 17, 2023 was 4.94M shares.
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EBAY) stock’s latest price update
eBay Inc. (NASDAQ: EBAY)’s stock price has increased by 1.57 compared to its previous closing price of 40.81. However, the company has experienced a -3.49% decline in its stock price over the last five trading sessions.
EBAY’s Market Performance
eBay Inc. (EBAY) has seen a -3.49% fall in stock performance for the week, with a -15.06% decline in the past month and a -5.19% plunge in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 2.43% for EBAY. The simple moving average for the last 20 days is -8.18% for EBAY stock, with a simple moving average of -5.98% for the last 200 days.
Analysts’ Opinion of EBAY
Many brokerage firms have already submitted their reports for EBAY stocks, with Citigroup repeating the rating for EBAY by listing it as a “Neutral.” The predicted price for EBAY in the upcoming period, according to Citigroup is $47 based on the research report published on December 13th of the previous year 2022.
MoffettNathanson, on the other hand, stated in their research note that they expect to see EBAY reach a price target of $44. The rating they have provided for EBAY stocks is “Market Perform” according to the report published on November 15th, 2022.
EBAY Trading at -10.87% from the 50-Day Moving Average
After a stumble in the market that brought EBAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.36% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares sank -16.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.66% lower at present.
During the last 5 trading sessions, EBAY fell by -3.49%, which changed the moving average for the period of 200-days by -15.10% in comparison to the 20-day moving average, which settled at $44.73. In addition, eBay Inc. saw -0.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EBAY starting from SWAN ROBERT HOLMES, who sale 20,000 shares at the price of $50.00 back on Feb 01. After this action, SWAN ROBERT HOLMES now owns 136,632 shares of eBay Inc., valued at $1,000,000 using the latest closing price.
Doerger Brian J., the VP, Chief Accounting Officer of eBay Inc., sale 9,542 shares at $44.12 during a trade that took place back on Nov 10, which means that Doerger Brian J. is holding 0 shares at $420,983 based on the most recent closing price.
Stock Fundamentals for EBAY
Current profitability levels for the company are sitting at:
- +22.98 for the present operating margin
- +72.29 for the gross margin
The net margin for eBay Inc. stands at -13.20. Equity return is now at value -22.80, with -6.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
In summary, eBay Inc. (EBAY) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
