Alibaba Group Holding Ltd ADR (NYSE:BABA)’s traded shares stood at 8.82 million during the last session, with the company’s beta value hitting 0.46. At the close of trading, the stock’s price was $68.88, to imply an increase of 0.09% or $0.06 in intraday trading. The BABA share’s 52-week high remains $102.50, putting it -48.81% down since that peak but still an impressive 3.27% since price per share fell to its 52-week low of $66.63. The company has a valuation of $164.94B, with an average of 17.90 million shares over the past 3 months.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
After registering a 0.09% upside in the last session, Alibaba Group Holding Ltd ADR (BABA) has traded red over the past five days. The stock hit a weekly high of 72.98, jumping 0.09% in its intraday price action. The 5-day price performance for the stock is -7.98%, and -6.18% over 30 days. With these gigs, the year-to-date price performance is -11.13%.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Looking at statistics comparing Alibaba Group Holding Ltd ADR share performance against respective industry, we note that the company has underperformed competitors. Alibaba Group Holding Ltd ADR (BABA) shares are -17.91% down over the last 6 months, with its year-to-date growth rate lower than industry average at 5.67% against 15.00%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 1.29% for the past 5-year period. While 2024 is set for a 14.54% return in earnings, projections for the next 5 years are at 10.11% annually.
BABA Dividends
Alibaba Group Holding Ltd ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Alibaba Group Holding Ltd ADR has a forward dividend ratio of 1.00, with the share yield ticking at 1.45% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
