Stocks of EBay Inc (NASDAQ:EBAY) traded higher last session on Wall Street, up 0.66% to $62.30.
EBAY stock price is now -1.87% away from the 50-day moving average and 13.67% away from the 200-day moving average. The market capitalization of the company currently stands at $29.84B.
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With the price target maintained at $70, Bernstein recently Upgraded its rating from Mkt Perform to Outperform for EBay Inc (NASDAQ: EBAY). , while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, IANNONE JAMIE, President and CEO sold 5,625 shares of the company’s stock on Nov 05 ’24. The stock was sold for $343,856 at an average price of $61.13. Upon completion of the transaction, the President and CEO now directly owns 542,417 shares in the company, valued at $33.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 04 ’24, President and CEO IANNONE JAMIE sold 5,625 shares of the business’s stock. A total of $336,994 was realized by selling the stock at an average price of $59.91. This leaves the insider owning 548,042 shares of the company worth $34.14 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 $38.97 and a high of $67.80. As of last week, the company has a debt-to-equity ratio of 1.45, 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 $32809699328, which is based on a 15.74 price-to-earnings ratio, a 2.62 price-to-earnings-growth ratio, and a beta of 1.34. The fifty day moving average price for EBAY is $63.488 and a two-hundred day moving average price translates $54.80985 for the stock.
The latest earnings results from EBay Inc (NASDAQ: EBAY) was released for 2024-09-30. The net profit margin was 19.64% and return on equity was 35.85% for EBAY. The company reported revenue of $2.58 billion for the quarter, compared to $2.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.04 percent.
