Previous Close | 74.85 |
Open | 74.99 |
Bid | 75.78 x 800 |
Ask | 75.76 x 2200 |
Day's Range | 74.87 - 76.25 |
52 Week Range | 66.63 - 102.50 |
Volume | |
Avg. Volume | 15,893,895 |
Market Cap | 187.888B |
Beta (5Y Monthly) | 0.46 |
PE Ratio (TTM) | 14.24 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 1.00 (1.34%) |
Ex-Dividend Date | Dec 20, 2023 |
1y Target Est | N/A |
According to the average brokerage recommendation (ABR), one should invest in Alibaba (BABA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Alibaba stock has been in the doldrums since late 2020 despite repeated calls for a rebound. after a crackdown on the tech sector by Chinese regulators through much of 2021 and 2022 which wreaked havoc.
Alibaba stock rose on Friday amid its longest winning streak in a year, but investors shouldn’t be too excited: shares in the Chinese tech giant are still near multiyear lows, with lots of reason for caution even as the bull case looks exciting. Shares in Alibaba rose 2% in U.S. premarket trading on Friday, with the stock on track for its seventh consecutive day in the green. Alibaba stock is down more than 75% from its late-2020 record high.