Shares of Alibaba have moved 2.1% today, and are now trading at a price of $100.48. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 31,890,733 compared to the stock's average volume of 22,988,800.
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. Based in Hangzhou, China the company has 239,740 full time employees and a market cap of $262,287,982,592.
The company is now trading -30.55% away from its average analyst target price of $144.68 per share. The 43 analysts following the stock have set target prices ranging from $94.92 to $219.81, and on average give Alibaba a rating of buy.
Over the last year, BABA shares have gone down by -15.6%. The stock's 52 week high is $125.84 per share and its 52 week low is $58.01. With its gross margins declining an average -4.9% over the last four years, Alibaba may not have a strong enough business to reverse this trend.
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|