Should You Buy eBay Inc (EBAY) Stock on Friday?

eBay Inc (EBAY) stock is lower by 3.93% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

eBay Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on EBAY!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EBAY Stock Today?

eBay Inc (EBAY) stock is trading at $41.11 as of 3:10 PM on Friday, Jan 12, a drop of -$0.76, or -1.83% from the previous closing price of $41.87. The stock has traded between $41.11 and $42.07 so far today. Volume today is low. So far 3,101,831 shares have traded compared to average volume of 6,645,970 shares.

More About eBay Inc

eBay operates one of the largest e-commerce marketplaces in the world, with $87 billion in 2021 gross merchandise volume, or GMV, rendering the firm the sixth- largest global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 147 million buyers and roughly 20 million sellers across almost 190 global markets. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia. Click Here to get the full Stock Report for eBay Inc stock.