eBay (EBAY) has risen sharply, recording gains of 3.72% in the past 4 weeks. However, the stock has corrected -0.38% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.87% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.26% and the 50-Day Moving Average is 5.24%.The 200 Day SMA reached 21.5% eBay Inc. is up 33.54% in the last 3-month period. Year-to-Date the stock performance stands at 15.61%.
eBay (EBAY) : 29 investment research analysts covering eBay (EBAY) have an average price target of $30.66 for the near short term. The highest target price given by the Brokerage Firm to the stock is $38 and the lowest target is $24 for the short term. Analysts expect the variance to be within $3.39 of the average price.
Company shares have received an average consensus rating of Hold for the current week eBay (NASDAQ:EBAY): stock was range-bound between the intraday low of $31.63 and the intraday high of $31.88 after having opened at $31.71 on Fridays session. The stock finally closed in the red at $31.71, a loss of -0.66%. The stock remained in the red for the whole trading day. The total traded volume was 10,979,853 shares. The stock failed to cross $31.88 in Fridays trading. The stocks closing price on Thursday was $31.98.
eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its ebay.com platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen, dba.dk, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar, 2dehands.be, 2ememain.be, LoQUo, Marktplaats.nl and mobile.de. It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.