Alibaba (BABA) Stock Isn’t for Short Term Investment


During the last session 23M of Alibaba Group Holding Limited’s (NYSE:BABA) shares were traded. The stock closed at $160.05 per share indicating that it gained $3.79 or 2.43% during that day which brings the Alibaba Group Holding Limited’s valuation to $433.88B.

The 52-week high for the Alibaba Group Holding Limited’s shares is $319.32. That puts it -49.88% from that peak but still a great gain since the share price dropped to a 52-week low of $152.80, while the S&P 500’s share price change was of 35.11%.

The company currently has a 19.24 P/E ratio and a price target of $266.04.

What does the trading volume tell us about the BABA stock?

During the last trading session, Alibaba Group Holding Limited (NYSE:BABA) has seen decay in its daily volume. The daily volume was of 23M, while in the last 10 days the average was 21.17M and last three months – 23.41M.

Shrinking short interest

The Alibaba Group Holding Limited’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 49.31M shares being shorted which translates into 1.65 of a short ratio for BABA, while in the previous month the shorted shares were 51.6M.


Alibaba Group Holding Limited (NYSE:BABA)’s financials

With a market cap of 433.88B, Alibaba Group Holding Limited holds a total cash of $483.35B that translates into $177.75 per share, while the total debt is of $181.24B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 33.80%. The current revenue is of $769.28B that is $284.10 per share.

This is a great sign for a bright future.