The stock of Alibaba Group Holding Limited (BABA) has seen a -10.67% decrease in the past week, with a -2.31% drop in the past month, and a -13.97% decrease in the past quarter. The volatility ratio for the week is 3.58%, and the volatility levels for the past 30 days are at 2.84% for BABA. The simple moving average for the past 20 days is -4.31% for BABA’s stock, with a -9.37% simple moving average for the past 200 days.
Is It Worth Investing in Alibaba Group Holding Limited (NYSE: BABA) Right Now?
Alibaba Group Holding Limited (NYSE: BABA) has a price-to-earnings ratio that is above its average at 21.08x. and a 36-month beta value of 0.64. Opinions on the stock are mixed, with 51 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The average price predicted for Alibaba Group Holding Limited (BABA) by analysts is $976.14, which is $61.16 above the current market price. The public float for BABA is 2.56B, and at present, short sellers hold a 2.02% of that float. On May 24, 2023, the average trading volume of BABA was 25.26M shares.
BABA) stock’s latest price update
The stock of Alibaba Group Holding Limited (NYSE: BABA) has decreased by -2.26 when compared to last closing price of 82.88.Despite this, the company has seen a loss of -10.67% in its stock price over the last five trading days. Barron’s reported on 05/23/23 that Alibaba’s Prized Cloud and AI Arm Is Slashing Jobs. Brace for the IPO.
BABA Trading at -9.09% from the 50-Day Moving Average
After a stumble in the market that brought BABA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.63% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares sank -2.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.30% lower at present.
During the last 5 trading sessions, BABA fell by -10.58%, which changed the moving average for the period of 200-days by -10.74% in comparison to the 20-day moving average, which settled at $84.57. In addition, Alibaba Group Holding Limited saw -8.04% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BABA
Current profitability levels for the company are sitting at:
- +11.86 for the present operating margin
- +36.72 for the gross margin
The net margin for Alibaba Group Holding Limited stands at +8.35. Equity return is now at value 7.50, with 4.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.
Conclusion
To sum up, Alibaba Group Holding Limited (BABA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
