eBay (EBAY) Shares are Up 0.74%

eBay (EBAY) : Traders are bullish on eBay (EBAY) as it has outperformed the S&P 500 by a wide margin of 24.46% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.31%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.74% in the last 1 week, and is up 27.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

eBay (NASDAQ:EBAY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.15 and $31.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.39, notching a gain of 1.06% for the day. The total traded volume was 7,795,952 . The stock had closed at $31.06 on the previous day.

The stock has recorded a 20-day Moving Average of 9.7% and the 50-Day Moving Average is 21.56%. eBay Inc. is up 31.78% in the last 3-month period. Year-to-Date the stock performance stands at 14.23%.

eBay (EBAY) : Average target price received by eBay (EBAY) is $30.22 with an expected standard deviation of $3.07. The most aggressive target on the stock is $36, whereas the most downbeat target is $24. 27 financial analysts are currently covering the stock.


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.

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