Shares of Alibaba rose 4.5% to $271.58 at 15:05 EST on Friday. The New York Stock Exchange is dropping 0.08% to $13852, on what seems, up until now, a somewhat negative trend trading session on The New York Stock Exchange.
Alibaba’s last close was $259.89, under its 52-week high of $319.32.
Alibaba’s sales growth is 62.2% for the current quarter and 66.3% for the next. The company’s growth estimates for the ongoing quarter is a negative 81.9% and positive 55% for the next.
Alibaba’s stock is valued at $271.58 at 15:05 EST, way below 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 $292.38 and higher than its 200-day moving average of $255.85.