NEW YORK, January 6, 2017 /PRNewswire/ --
On Thursday, January 05, 2017, the NASDAQ Composite ended the trading session at 5,487.94, up 0.20%; the Dow Jones Industrial Average edged 0.21% lower, to finish at 19,899.29; and the S&P 500 closed at 2,269.00, down 0.08%. Gains were broad based as six out of nine sectors ended the day in positive. Today, Stock-Callers.com has initiated reports coverage on the following equities: Alibaba Group Holding Ltd (NYSE: BABA), eBay Inc. (NASDAQ: EBAY), Office Depot Inc. (NASDAQ: ODP), and Staples Inc. (NASDAQ: SPLS). Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd ended the session 4.26% higher at $94.37 with a total volume of 16.79 million shares traded. Alibaba Group's shares have advanced 3.71% in the last one month and 22.04% in the previous one year. Shares of the Company, which through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally, are trading at a PE ratio of 50.79. The stock is trading 0.94% above its 50-day moving average and 6.47% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 62.18.
On December 08th, 2016, research firm Morgan Stanley resumed its 'Overweight' rating on the Company's stock, with a target price of $130 per share. Sign up and read the free research report on BABA at:
On Thursday, shares in San Jose, California headquartered eBay Inc. recorded a trading volume of 8.49 million shares. The stock ended the day 0.84% higher at $30.01. Shares of the Company, which operates e-commerce platforms that connect various buyers and sellers worldwide, are trading at a PE ratio of 18.83. eBay Inc.'s stock has advanced 5.86% in the previous one month and 13.63% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 3.71% and 7.84%, respectively. Furthermore, eBay's shares have an RSI of 59.83.
On January 03rd, 2017, research firm Piper Jaffray resumed its 'Neutral' rating on the Company's stock, with a target price of $28 per share. The complimentary research report on EBAY can be downloaded at:
Boca Raton, Florida headquartered Office Depot Inc.'s stock finished Thursday's session 0.86% lower at $4.61 with a total volume of 6.23 million shares traded. Office Depot's shares have gained 31.30% in the past three months. The Company's shares are trading above its 50-day and 200-day moving averages by 5.45% and 8.34%, respectively. Shares of Office Depot, which together with its subsidiaries, supplies office products and services, are trading at a PE ratio of 4.23. The stock has an RSI of 50.90.
On December 13th, 2016, research firm Loop Capital initiated a 'Hold' rating on the Company's stock. Register for free on Stock-Callers.com and access the latest report on ODP at:
Framingham, Massachusetts-based Staples Inc.'s stock declined 1.31%, to close the day at $9.03. The stock recorded a trading volume of 7.40 million shares. Staples' shares have gained 10.92% in the last three months. The Company's shares are trading 1.33% and 2.05% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, operates office products superstores, have an RSI of 47.11.
On December 13th, 2016, research firm Loop Capital initiated a 'Hold' rating on the Company's stock. Get free access to your research report on SPLS at:
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