Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Alibaba Group Holding Ltd - ADR before investing.

In this article, we go over a few key elements for understanding Alibaba Group Holding Ltd - ADR’s stock price such as:

• Alibaba Group Holding Ltd - ADR’s current stock price and volume
• Why Alibaba Group Holding Ltd - ADR’s stock price changed recently
• Upgrades and downgrades for BABA from analysts
• BABA’s stock price momentum as measured by its relative strength

About Alibaba Group Holding Ltd - ADR (BABA)

Before we jump into Alibaba Group Holding Ltd - ADR’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. The Company operates through seven segments. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Local Consumer Services segment includes location-based businesses such as Ele.me, Amap, Fliggy and others. Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Cloud segment provides public and hybrid cloud services like Alibaba Cloud and DingTalk for domestic and foreign enterprises. Digital Media and Entertainment segment includes Youku, Quark and Alibaba Pictures, other content and distribution platforms and online games business. Innovation Initiatives and Others segment include Damo Academy, Tmall Genie and others.

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Alibaba Group Holding Ltd - ADR’s Stock Price as of Market Close

As of May 14, 2024, 4:03 PM, CST, Alibaba Group Holding Ltd - ADR’s stock price was $79.51.

Alibaba Group Holding Ltd - ADR is down 6.02% from its previous closing price of $84.60.

During the last market session, Alibaba Group Holding Ltd - ADR’s stock traded between $82.60 and $85.00. Currently, there are 2,517.25 million shares of Alibaba Group Holding Ltd - ADR stock available for purchase.

Alibaba Group Holding Ltd - ADR’s price-earnings (P/E) ratio is currently at 15.7, which is low compared to the Online Services industry median of 26.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Alibaba Group Holding Ltd - ADR Stock Price History

Alibaba Group Holding Ltd - ADR’s (BABA) price is currently up 6.23% so far this month.

During the month of May, Alibaba Group Holding Ltd - ADR’s stock price has reached a high of $85.00 and a low of $74.87.

Over the last year, Alibaba Group Holding Ltd - ADR has hit prices as high as $102.50 and as low as $66.63. Year to date, Alibaba Group Holding Ltd - ADR’s stock is down 9.74%.

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What Caused Alibaba Group Holding Ltd - ADR Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 13, 2024, there were 9 analysts who downgraded Alibaba Group Holding Ltd - ADR’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Alibaba Group Holding Ltd - ADR’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Alibaba Group Holding Ltd - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Alibaba Group Holding Ltd - ADR’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Alibaba Group Holding Ltd - ADR (BABA) by visiting AAII Stock Evaluator.

Relative Price Strength of Alibaba Group Holding Ltd - ADR

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 13, 2024, Alibaba Group Holding Ltd - ADR has a weighted four-quarter relative price strength of -1.62%, which translates to a Momentum Score of 59 and is considered to be Average.

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Alibaba Group Holding Ltd - ADR Stock Price: Bottom Line

As of May 14, 2024, Alibaba Group Holding Ltd - ADR’s stock price is $79.51, which is down 6.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Alibaba Group Holding Ltd - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.