Shares of Consumer Cyclical sector company Alibaba moved -0.3% today, and are now trading at a price of $79.05. The large-cap stock's daily volume was 4,417,826 compared to its average volume of 22,853,000. The S&P 500 index returned a -0.4% performance.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company is based in Hangzhou and has 245,700 full time employees. Its market capitalization is $212,711,702,528.
43 analysts are following Alibaba and have set target prices ranging from $69.27 to $217.6 per share. On average, they have given the company a rating of buy. At today's prices, BABA is trading -41.79% away from its average analyst target price of $135.8 per share.
Over the last year, BABA shares have gone down by -50.9%, which represents a difference of -36.1% when compared to the S&P 500. The stock's 52 week high is $168.3 per share and its 52 week low is $58.01. With average free cash flows of $135,834,000,000.0 that have been growing at an average rate of 1.3% over the last four years, Alibaba declining stock performance may not be reflective of the quality of its underlying business.
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