eBay (EBAY) Shares are Up 2.22%

eBay (EBAY) : Traders are bullish on eBay (EBAY) as it has outperformed the S&P 500 by a wide margin of 0.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.9%, 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 2.22% in the last 1 week, and is up 0.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.07% and the fifty day Moving Average is 12.33%. eBay Inc. is up 28.53% in the last three month period. Year-to-Date the stock performance stands at 13.94%.

eBay (EBAY) has been rated by 27 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $36 and the lowest price target forecast is $24. The average forecast of all the analysts is $30.22 and the expected standard deviation is $3.07.


eBay (NASDAQ:EBAY): On Fridays trading session , Opening price of the stock was $31.34 with an intraday high of $31.63. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.085. However, the stock managed to close at $31.31, a loss of 0.10% for the day. On the previous day, the stock had closed at $31.34. The total traded volume of the day was 7,750,403 shares.

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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