In yesterday’s Wall Street session, EBay Inc. (NASDAQ:EBAY) shares traded at $60.73, up 0.78% from the previous session.
EBAY stock price is now 8.74% away from the 50-day moving average and 22.15% away from the 200-day moving average. The market capitalization of the company currently stands at $29.70B.
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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, IANNONE JAMIE, President and CEO sold 5,625 shares of the company’s stock on Sep 10 ’24. The stock was sold for $337,106 at an average price of $59.93. Upon completion of the transaction, the President and CEO now directly owns 548,275 shares in the company, valued at $33.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 09 ’24, President and CEO IANNONE JAMIE sold 5,625 shares of the business’s stock. A total of $333,844 was realized by selling the stock at an average price of $59.35. This leaves the insider owning 553,900 shares of the company worth $33.64 million. A total of 0.35% 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 $60.44. 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 $32707969024, which is based on a 11.84 price-to-earnings ratio, a 1.41 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for EBAY is $56.0104 and a two-hundred day moving average price translates $49.81495 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.
