|Bid||127.100 x N/A|
|Ask||127.200 x N/A|
|Day's range||124.000 - 127.500|
|52-week range||109.200 - 269.400|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||208.51|
Shares of Alibaba (NYSE: BABA) were moving higher today, in tandem with a number of Chinese tech stocks. As of 2:31 p.m. ET, Alibaba stock was up 3.7%. The Nasdaq entered a correction yesterday, meaning that the tech-heavy U.S. index is down more than 10% from its recent peak, reached in November.
The Chinese internet powerhouse's stock is cheap, but that doesn't make it a great investment opportunity.
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