Does EBay Inc. (NASDAQ:EBAY) warrant a purchase right now? What to Consider Before Making a Decision

The stock of EBay Inc. (NASDAQ:EBAY) last traded at $53.66, up 0.79% from the previous session.

EBAY stock price is now 0.84% away from the 50-day moving average and 14.28% away from the 200-day moving average. The market capitalization of the company currently stands at $26.94B.

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, while ‘Citigroup’ rates the stock as ‘Buy’

In other news, Boone Cornelius, SVP, Chief People Officer sold 3,985 shares of the company’s stock on Jun 18 ’24. The stock was sold for $210,607 at an average price of $52.85. Upon completion of the transaction, the SVP, Chief People Officer now directly owns 68,765 shares in the company, valued at $3.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 18 ’24, SVP, Chief Product Officer Garcia Edward O sold 986 shares of the business’s stock. A total of $52,110 was realized by selling the stock at an average price of $52.85. This leaves the insider owning 37,126 shares of the company worth $1.99 million. A total of 0.34% of the company’s stock is owned by insiders.

During the past 12 months, EBay Inc. has had a low of $37.17 and a high of $55.69. As of last week, the company has a debt-to-equity ratio of 1.31, a current ratio of 1.99, and a quick ratio of 1.99. According to the stock market information, the enterprise value for the company is $27246960640, which is based on a 10.72 price-to-earnings ratio, a 1.35 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for EBAY is $53.2668 and a two-hundred day moving average price translates $47.00895 for the stock.

The latest earnings results from EBay Inc. (NASDAQ: EBAY) was released for 2024-03-31. The net profit margin was 26.01% and return on equity was 45.37% for EBAY. The company reported revenue of $2.56 billion for the quarter, compared to $2.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.83 percent.

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