Shares of Alibaba jumped 2.5% to $276.87 at 11:11 EST on Tuesday, following yesterday’s downward trend. The New York Stock Exchange is rising 1.39% to $14,192.20, following yesterday’s upward trend, on what at the moment seems, an all-around positive trend exchanging session today.
Alibaba’s last close was $270.11, below its 52-week high of $319.32.
Alibaba’s sales growth is 61.4% for the ongoing quarter and 65.5% for the next. The company’s growth estimates for the current quarter is a negative 82% and positive 54.2% for the next.
Alibaba’s stock is valued at $276.87 at 11:11 EST, way below its 52-week high of $319.32 and way higher than its 52-week low of $169.95.
Alibaba’s worth is under its 50-day moving average of $291.34 and higher than its 200-day moving average of $257.82.