Stocks of EBay Inc. (NASDAQ:EBAY) traded higher last session on Wall Street, up 0.13% to $55.83.
EBAY stock price is now 3.24% away from the 50-day moving average and 16.22% away from the 200-day moving average. The market capitalization of the company currently stands at $27.30B.
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, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Huber Marie Oh, Officer bought 22,873 shares of the company’s stock on Aug 05 ’24. The stock was bought for $1,256,858 at an average price of $54.95. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 02 ’24, Officer Huber Marie Oh bought 75,854 shares of the business’s stock. A total of $4,225,292 was incurred on buying the stock at an average price of $55.70. 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 $57.68. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 1.25, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $30277640192, which is based on a 10.89 price-to-earnings ratio, a 1.30 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for EBAY is $54.0764 and a two-hundred day moving average price translates $48.03785 for the stock.
The latest earnings results from EBay Inc. (NASDAQ: EBAY) was released for 2024-06-30. The net profit margin was 26.39% and return on equity was 50.01% for EBAY. The company reported revenue of $2.57 billion for the quarter, compared to $2.54 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.26 percent. For the current quarter, analysts expect EBAY to generate $2.54B in revenue.
