(VIANEWS) – Shares of Alibaba (NYSE: BABA) dropped by a staggering 15.19% in 7 days from $133.68 to $113.37 at 19:49 EST on Wednesday, after four consecutive sessions in a row of losses. NYSE is sliding 0.64% to $16,236.51, after two sequential sessions in a row of losses.
Alibaba’s last close was $113.37, 59.6% below its 52-week high of $280.61.
Today’s last reported volume for Alibaba is 26082456 which is 10.4% above its average volume of 23624016.
The company’s growth estimates for the ongoing quarter and the next is a negative 24.8% and a negative 4.2%, respectively.
Year-on-year quarterly revenue growth grew by 63.9%, now sitting on 717.29B for the twelve trailing months.
Alibaba’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.71%, a negative 0.19%, and a positive 2.60%, respectively.
Alibaba’s highest amplitude of average volatility was 3.71% (last week), 2.84% (last month), and 2.60% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Alibaba’s stock is considered to be overbought (>=80).
Alibaba’s Stock Yearly Top and Bottom Value
Alibaba’s stock is valued at $113.37 at 19:49 EST, way under its 52-week low of $138.43.
Alibaba’s Moving Average
Alibaba’s value is way under its 50-day moving average of $161.10 and way under its 200-day moving average of $190.56.
Previous days news about Alibaba (BABA)
- Alibaba stock forecast: BABA mirrors Hong Kong, drops below $120 in premarket. According to FXStreet on Monday, 24 January, "This morning, however, Alibaba (BABA) shares are careening down more than 4% in the US premarket after its Hong Kong-listed sibling plunged 6.3% this morning. "
More news about Alibaba (BABA).