Among the biggest risers on the S&P 500 on Friday May 22 was eBay Inc. ($EBAY), popping some 2.31% to a price of $43.45 a share with
some 9.84 million shares trading hands.
Starting the day trading at $42.25, eBay Inc. reached an intraday high of $43.50 and hit intraday lows of $42.21. Shares gained $0.98 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 700.85 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $26.03 to $43.34.
With $86 billion in marketplace gross merchandise volume generated in 2019, eBay’s Marketplace facilitated more than 2% of the $3.5 trillion global online commerce market (using eMarketer estimates). EBay’s strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.
eBay Inc. has its corporate headquarters located in San Jose, CA and employs 13,300 people. Its market cap has now risen to $30.45 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 14.39, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of eBay Inc., check out Stock Valuation Analysis tool for EBAY.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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