Alibaba Group Holding Ltd (NYSE:BABA), declared that Mr. Joe Tsai, Executive Vice Chairman, will take part in a fireside chat at the 14th Annual Morgan Stanley Asia Pacific Summit. The session is planned at 10:30a.m. Singapore Time on November 17, 2015. The conference will be held at the Mandarin Oriental Hotel in Singapore.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
Alibaba Group Holding Ltd (NYSE:BABA), traded at dropped -1.37% and is priced at $78.76, on Thursday. The company holds the market capitalization of $199.93B
In the last five days of trading, the company has declined about -6.01% while it has gained over 12.03% in the past 1 month.
The 50 and 20 days moving average for the company is 12.86% and 0.12% respectively. A total volume of 18,840,393 shares was traded across the day, as compared to its average daily volume of 20,054,400 shares. The 52 week low and high for the company is $57.20 and $120.00 respectively.
BABA, latest closing price of $78.76 is at a discount to its 200-day moving average price of $77.75. Its 52-week range has been $57.20 $120.00; it is trading at discount versus its 52-week high of $115.63 achieved on Nov 17, 2014 and a premium to its 52-week low of $57.20 faced on Sep 29, 2015. The stock, as of recent close, has shown weekly downbeat performance of -7.75% which was maintained at -33.37% in this year.
Analysts mean recommendation for the stock is 1.80 This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
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