Traders Revving Their Engines as Stock Reaches Most Active List: Alibaba Group Holding Limited (NYSE:BABA)

Early action on shares of Alibaba Group Holding Limited (NYSE:BABA) puts the stock on today’s active list. At press time, the stock had seen a change of -1.32% from the opening price. Monitoring recent stock trading activity, the stock price has reached $94.02. Company shares have been recently noted at -14.43% off of the 52 week high and 58.68% away from the 52 week low. Narrowing in closer, the stock is -14.43% off of the 50 day high and 6.99% removed from the 50 day low.

Analyst Views

Sell side analysts that regularly cover the stock have provided price targets and recommendations on Alibaba Group Holding Limited (NYSE:BABA). According to First Call, the consensus price target for the company is $119.94. The consensus recommendation provided by analysts is currently 1.80. This number is based on a scale from 1 to 5. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Analysts rating the company a 4 or 5 indicate a Sell recommendation. Analysts rating the company a 3 indicate a Hold recommendation.

Past Stock Performance

Year to date performance for Alibaba Group Holding Limited (NYSE:BABA) sits at 16.88%. For the quarter, the stock has changed -1.05%. Monthly stock performance comes in at -6.81%. Looking a little bit closer, performance over the past week is 1.69%.

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