EBay Inc (EBAY) Shares Up Despite Recent Market Volatility

The stock price of EBay Inc (NASDAQ: EBAY) has surged by 1.04 when compared to previous closing price of 57.51, but the company has seen a -7.91% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-02 that Walstreamz, an established provider of advanced online business solutions, has announced the launch of three new e-commerce automation services; Ecom Priva

Is It Worth Investing in EBay Inc (NASDAQ: EBAY) Right Now?

EBay Inc (NASDAQ: EBAY) has a price-to-earnings ratio that is above its average at 14.68x. The stock has a 36-month beta value of 1.34. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 6 as “overweight,” 20 as “hold,” and 2 as “sell.”

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The public float for EBAY is 477.36M, and at present, short sellers hold a 4.42% of that float. On November 04, 2024, the average trading volume of EBAY was 4.81M shares.

EBAY’s Market Performance

EBAY stock saw a decrease of -7.91% in the past week, with a monthly decline of -11.12% and a quarterly a decrease of 6.31%. The volatility ratio for the week is 1.96%, and the volatility levels for the last 30 days are 1.70% for EBay Inc (EBAY). The simple moving average for the last 20 days is -9.64% for EBAY stock, with a simple moving average of 7.78% for the last 200 days.

Analysts’ Opinion of EBAY

Many brokerage firms have already submitted their reports for EBAY stocks, with Needham repeating the rating for EBAY by listing it as a “Buy.” The predicted price for EBAY in the upcoming period, according to Needham is $72 based on the research report published on October 23, 2024 of the current year 2024.

Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see EBAY reach a price target of $62. The rating they have provided for EBAY stocks is “Neutral” according to the report published on September 05th, 2024.

EBAY Trading at -7.74% 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 -14.29% of loss for the given period.

Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -12.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.54% lower at present.

During the last 5 trading sessions, EBAY fell by -7.91%, which changed the moving average for the period of 200-days by +42.46% in comparison to the 20-day moving average, which settled at $64.31. In addition, EBay Inc saw 33.22% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EBAY starting from Priest Stephen J, who sale 1,167 shares at the price of $66.63 back on Oct 16 ’24. After this action, Priest Stephen J now owns 65,079 shares of EBay Inc, valued at $77,757 using the latest closing price.

STEPHEN J PRIEST, the Officer of EBay Inc, proposed sale 1,167 shares at $66.99 during a trade that took place back on Oct 16 ’24, which means that STEPHEN J PRIEST is holding shares at $78,177 based on the most recent closing price.

Stock Fundamentals for EBAY

Current profitability levels for the company are sitting at:

  • 0.24 for the present operating margin
  • 0.72 for the gross margin

The net margin for EBay Inc stands at 0.2. The total capital return value is set at 0.18. Equity return is now at value 35.85, with 9.87 for asset returns.

Based on EBay Inc (EBAY), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.43. The interest coverage ratio of the stock is 18.8.

Currently, EBITDA for the company is 2.44 billion with net debt to EBITDA at 2.24. When we switch over and look at the enterprise to sales, we see a ratio of 3.36. The receivables turnover for the company is 10.44for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.

Conclusion

To sum up, EBay Inc (EBAY) has seen a mixed 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.

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