Should You Accumulate Alibaba Group Holding Ltd

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Alibaba Group Holding Ltd – ADR (BABA) gained on Friday morning as the stock climbed 0.46% in premarket trading to 112.3. BABA’s short-term technical score of 15 indicates that the stock has traded less bullishly over the past month than 85% of stocks in the market. In the internet retail industry, which ranks 143 out of 146 industries, Alibaba Group Holding Ltd – ADR ranks above 38% of the stock. Alibaba Group Holding Ltd – ADR fell 2.62% over the past month, closing at $118.79 on December 31. 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 $225.17.

BABA has an overall score of 41. Find out what this means for you and get the rest of the rankings on BABA!

Alibaba Group Holding Ltd – ADR has a long-term technical rating of 10. This means that trading over the past 200 trading days has placed the company in the bottom half of stocks, with 90% of the market scoring higher. In the internet retail industry, which is number 144 by this metric, BABA ranks better than 36% of stocks.

Important dates for investors in BABA:

-Alibaba Group Holding Ltd – ADR is expected to release its results on 02/01/2022. 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 for the full report on Alibaba Group Holding Ltd – ADR (BABA)

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