Shares of Alibaba fell 4.27% to $264.68 at 15:10 EST on Monday, after two consecutive sessions in a row of losses. The New York Stock Exchange is dropping 1.34% to $14,007.80, following yesterday’s upward trend, on what so far seems, an all-around negative trend exchanging session today.
Alibaba’s last close was $276.48, 20.64% below its 52-week high of $319.32.
Alibaba’s sales growth is 61.7% for the current quarter and 65.7% 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 $264.68 at 15:10 EST, way under its 52-week high of $319.32 and way above its 52-week low of $169.95.
Alibaba’s worth is under its 50-day moving average of $289.56 and above its 200-day moving average of $259.89.