Shares of Alibaba slid 3.98% to $265.48 at 09:54 EST on Monday, following yesterday’s downward trend. The New York Stock Exchange is rising 0.05% to $14,198.50, following yesterday’s upward trend, on what up to now seems, a somewhat positive trend exchanging session today.
Alibaba’s last close was $277.72, 20.28% under its 52-week high of $319.32.
Alibaba’s sales growth is 61.6% for the present quarter and 65.6% for the next. The company’s growth estimates for the present quarter is a negative 82% and positive 54.2% for the next.
Alibaba’s stock is valued at $265.48 at 09:54 EST, way under its 52-week high of $319.32 and way above its 52-week low of $169.95.
Alibaba’s value is below its 50-day moving average of $290.54 and higher than its 200-day moving average of $258.53.