Stocks of EBay Inc. (NASDAQ:EBAY) traded higher last session on Wall Street, up 0.29% to $59.12.
EBAY stock price is now 6.76% away from the 50-day moving average and 19.85% away from the 200-day moving average. The market capitalization of the company currently stands at $28.91B.
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With the price target of $62, Cantor Fitzgerald recently initiated with Neutral rating for EBay Inc. (NASDAQ: EBAY). , while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Garcia Edward O, SVP, Chief Product Officer sold 2,759 shares of the company’s stock on Aug 19 ’24. The stock was sold for $153,235 at an average price of $55.54. Upon completion of the transaction, the SVP, Chief Product Officer now directly owns 39,382 shares in the company, valued at $2.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, VP, Chief Accounting Officer SPENCER REBECCA sold 2,128 shares of the business’s stock. A total of $119,572 was realized by selling the stock at an average price of $56.19. This leaves the insider owning 4,247 shares of the company worth $0.25 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 $59.85. 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 $31920680960, which is based on a 11.53 price-to-earnings ratio, a 1.37 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for EBAY is $55.3774 and a two-hundred day moving average price translates $49.33025 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.
