Alibaba Group Holding Ltd – The ADR (BABA) fell on Thursday morning, with the stock losing -1.77% pre-trade to 120.71. BABA’s short-term technical score of 8 indicates that the stock has traded less bullishly over the past month than 92% of stocks in the market. In the internet retail industry, which ranks 144th out of 146 industries, Alibaba Group Holding Ltd – ADR ranks above 18% of the stock. Alibaba Group Holding Ltd – ADR rose 2.08% over the past month, closing at $126.63 on January 6. During this period, the stock fell to $111.79 and $138.70. BABA has an average recommendation from Strong Buy analysts. The company has an average price target of $222.94.
Alibaba Group Holding Ltd – ADR has a long-term technical ranking of 27. This means trading over the past 200 trading days has placed the company in the bottom half of the stock with 73% of the market up. In the internet retail industry, which is number 144 by this metric, BABA ranks better than 64% of stocks.
Important dates for investors in BABA:
-Alibaba Group Holding Ltd – ADR is expected to report results on 2/5/2022. In its last earnings release, the company posted EPS of $8.41. -We do not have a fixed dividend date for Alibaba Group Holding Ltd – ADR at this time. Click here to get the full report on Alibaba Group Holding Ltd – ADR (BABA)