NEW YORK, April 11, 2017 /PRNewswire/ --
Stock-Callers.com draws investors' attention to the Specialty Retail industry, which includes car and truck dealerships, auto parts, home improvement, office supplies, books, kitchenwares, housewares, garden centers, toys, sporting equipment, and other focused retail operations. Under observation this morning are these four stocks: Alibaba Group Holding Ltd (NYSE: BABA), eBay Inc. (NASDAQ: EBAY), Staples Inc. (NASDAQ: SPLS), and Office Depot Inc. (NASDAQ: ODP). Learn more about these stocks by accessing their free research reports at:
Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd's shares rose 2.49%, finishing Monday's trading session at $111.70. A total volume of 14.79 million shares was traded, which was higher than their three months average volume of 9.37 million shares. In the last month and the previous three months, the stock has advanced 8.04% and 17.93%, respectively. Additionally, the Company's shares have gained 27.21% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.19% and 15.69%, respectively. Moreover, shares of Alibaba Group, which through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally, have a Relative Strength Index (RSI) of 69.55.
On March 22nd, 2017, Alibaba Group announced the establishment of an e-hub under the Electronic World Trade Platform (eWTP) initiative together with the Malaysia Digital Economy Corporation, the country's digital economy development agency, and other parties. This marks a key milestone in the realization of the eWTP's vision to lower trade barriers and provide more equitable access to global markets for small and medium enterprises and young people around the world.
On March 29th, 2017, research firm Barclays initiated an 'Overweight' rating on the Company's stock, with a target price of $130 per share. Free research report on BABA is available at:
On Monday, shares in San Jose, California headquartered eBay Inc. recorded a trading volume of 6.27 million shares, and ended the session 0.44% higher at $34.06. The stock has gained 2.81% in the last one month, 10.76% over the previous three months, and 14.72% on an YTD basis. The Company's shares are trading 2.06% above their 50-day moving average and 11.33% above their 200-day moving average. Furthermore, shares of eBay, which operates commerce platforms that connect various buyers and sellers worldwide, have an RSI of 58.10.
On March 29th, 2017, research firm Barclays initiated an 'Overweight' rating on the Company's stock, with a target price of $41 per share.
On March 30th, 2017, StubHub, an eBay company, and the Toronto Blue Jays announced an agreement that designates StubHub as the official ticket fan-to-fan marketplace of the club. Under the one-year agreement, StubHub will offer Blue Jays' fans a fully integrated ticketing solution that will enable all Blue Jays' Season Ticket Members, Game Pack holders and single-game ticket buyers to re-sell, purchase and electronically transmit tickets conveniently, safely and securely on the StubHub platform. The complimentary research report on EBAY can be downloaded at:
Shares in Framingham, Massachusetts-based Staples Inc. closed at $9.70, slightly down 0.51% from the last trading session. The stock recorded a trading volume of 10.49 million shares, which was above its three months average volume of 6.73 million shares. The Company's shares have gained 13.33% in the last one month, 7.62% over the previous three months, and 8.69% since the start of this year. The stock is trading 8.86% and 12.36% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Staples, which together with its subsidiaries, operates office products superstores, have an RSI of 67.57.
On March 13th, 2017, Staples and Platinum Equity announced a definitive agreement under which the latter will acquire Staples' business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017.
On April 05th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Visit us today and access our complete research report on SPLS at:
Boca Raton, Florida headquartered Office Depot Inc.'s stock ended 0.42% higher at $4.80 with a total trading volume of 2.81 million shares. The Company's shares have advanced 3.90% in the last one month, 5.67% over the previous three months, and 6.84% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 19.30%, respectively. Furthermore, shares of Office Depot, which together with its subsidiaries, supplies office products and services in North America, have an RSI of 57.76.
On March 20th, 2017, Office Depot announced a partnership with Silverback Learning Solutions, a pioneering K-12 education technology company, to bring districts and administrators personalized learning solutions that help foster student and educator achievement. Get free access to your research report on ODP at:
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