Shareholder returns and stock trends
eBay (EBAY) generated investor returns of 23.4% in the trailing 12-month period and 16.0% in the trailing one-month period. In comparison, it generated 2.3% in 2014 and 20.6% YTD (year-to-date). The firm’s share price fell 2.4% in the trailing five-day period.
On November 16, 2015, eBay closed the trading day at $28.48. Based on this figure, here’s how the stock fares in regards to its moving averages:
- 6% above its 100-day moving average of $26.82
- 8% above its 50-day moving average of $26.44
- 1% above its 20-day moving average of $28.15
MACD and the RSI
The MACD (moving average convergence divergence) is the difference between the short-term and long-term moving averages of a firm. eBay’s 14-day MACD is 0.83. The positive figure indicates an upward trading trend.
The company’s 14-day RSI (Relative Strength Index) is 59. This shows that the stock is slightly overbought. Usually, if the RSI is above 70, it indicates that the stock is overbought. If the RSI figure is below 30, it suggests that the stock has been oversold.
Out of 44 analysts covering the stock, 13 have a “buy” recommendation, one has a “sell” recommendation, and 30 have a “hold” recommendation. Analysts’ stock price target for the firm is $29.80 with a median target estimate of $29. Given these figures, eBay is trading at a discount of 2% with respect to analysts’ median price target.
You can get diversified exposure to eBay by investing in the PowerShares QQQ ETF (QQQ). QQQ held ~0.63% in the company on October 31, 2015.
You can get more diversified exposure to eBay by investing in the SPDR S&P 500 ETF (SPY). SPY held ~0.17% in the company on the same date.