In Wednesday’s Wall Street session, EBay Inc (NASDAQ:EBAY) shares traded at $66.55, down -0.18% from the previous session.
EBAY stock price is now 0.61% away from the 50-day moving average and 9.58% away from the 200-day moving average. The market capitalization of the company currently stands at $31.01B.
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With the price target reduced from $60 to $52, Jefferies Downgraded its rating from Hold to Underperform for EBay Inc (NASDAQ: EBAY). On December 09, 2024, Wedbush recently initiated its ‘Neutral’ rating on the stock quoting a target price of $70, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, IANNONE JAMIE, President and CEO sold 7,500 shares of the company’s stock on Mar 04 ’25. The stock was sold for $501,912 at an average price of $66.92. Upon completion of the transaction, the President and CEO now directly owns 510,373 shares in the company, valued at $33.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, President and CEO IANNONE JAMIE sold 7,500 shares of the business’s stock. A total of $490,865 was realized by selling the stock at an average price of $65.45. This leaves the insider owning 517,873 shares of the company worth $34.46 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 $48.52 and a high of $71.61. As of last week, the company has a debt-to-equity ratio of 1.52, a current ratio of 1.24, and a quick ratio of 1.24.
The net profit margin was 19.11% and return on equity was 34.29% for EBAY. The company reported revenue of $2.58 billion for the quarter, compared to $2.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.66 percent.
