What is a 200-day moving average?

The 200-day moving average is represented as a line on charts and represents the average price over the past 200 days (or 40 weeks). The moving average can give traders a sense regarding whether the trend is up or down, while also identifying potential support or resistance areas.

Why did Alibaba stock rise above 200 day moving average?

The top-line growth halted four straight quarters of revenue declines. Alibaba stock soared above its 200-day moving average on July 7 after Chinese regulators fined Alibaba's financial arm, Ant Group, just under $1 billion. Ant Group's initial public offering was halted by Chinese regulators in late 2020 for not meeting listing requirements.

How much money does Baba make a year?

In the last 12 months, BABA had revenue of $125.85 billion and earned $18.21 billion in profits. Earnings per share was $7.11. The company has $80.12 billion in cash and $23.26 billion in debt, giving a net cash position of $56.86 billion or $22.33 per share.

What currency is Alibaba Group Holding Limited (Baba) in?

NYSE - NYSE Delayed Price. Currency in USD Currency in CNY. Get all the key statistics for Alibaba Group Holding Limited (BABA), including valuation measures, fiscal year financial statistics, trading records, share statistics and more.