During the recent session, Alibaba Group Holding Ltd ADR (NYSE:BABA)’s traded shares were 4.9 million, with the beta value of the company hitting 0.44. At the last check today, the stock’s price was $75.72, reflecting an intraday gain of 0.82% or $0.61. The 52-week high for the BABA share is $102.50, that puts it down -35.37 from that peak though still a striking 12.0% gain since the share price plummeted to a 52-week low of $66.63. The company’s market capitalization is $183.02B, and the average trade volume was 16.11 million shares over the past three months.
Alibaba Group Holding Ltd ADR (NYSE:BABA) trade information
Alibaba Group Holding Ltd ADR (BABA) registered a 0.82% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.82% in intraday trading to $75.72, hitting a weekly high. The stock’s 5-day price performance is 9.64%, and it has moved by 5.78% in 30 days. Based on these gigs, the overall price performance for the year is -8.57%.
Alibaba Group Holding Ltd ADR (BABA) estimates and forecasts
Statistics show that Alibaba Group Holding Ltd ADR has underperformed its competitors in share price, compared to the industry in which it operates. Alibaba Group Holding Ltd ADR (BABA) shares have gone down -6.55% during the last six months, with a year-to-date growth rate less than the industry average at 5.67% against 15.80. In the rating firms’ projections, revenue will increase 6.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 30.31B as predicted by 23 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 34.16B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.29%. While earnings are projected to return 14.61% in 2024, the next five years will return 10.11% per annum.
BABA Dividends
Alibaba Group Holding Ltd ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Alibaba Group Holding Ltd ADR is 1.00, with the dividend yield indicating at 1.32 percent, continuing the trend of increasing dividends in recent years.
