Should You Sell Alibaba Group Holding Ltd

Alibaba Group Holding Ltd – The ADR (BABA) rose on Monday morning, with the stock adding 1.77% in premarket trading to 119.7. BABA’s short-term technical score of 22 indicates that the stock has traded less bullishly over the past month than 78% of stocks in the market. In the internet retail industry, which ranks 134 out of 146 industries, BABA ranks above 27% of the stock. Alibaba Group Holding Ltd – ADR rose 25.92% over the past month, closing at $96.05 on May 30. During this period, the stock fell to $93.21 and $121.06. BABA has an average recommendation from Strong Buy analysts. The company has an average price target of $163.73.

Alibaba Group Holding Ltd – ADR has a long-term technical rating of 80. This means that trading over the past 200 trading days has placed the company in the top half of the stock with 20% of the market up. In the internet retail industry, which is number 140 by this metric, BABA ranks better than 140% of stocks.

Important dates for investors in BABA:

-Alibaba Group Holding Ltd – ADR is expected to release its results on 02/08/2022. Over the past 12 months, the company reported 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)

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