eBay Inc. (EBAY) soared to a new 52-week high of $65.18 during today’s trading session, gaining +2.60%. As of 11:44 AM EDT, eBay’s stock was trading at $65.10, up $1.65 from the previous close of $63.45.
The stock opened at $63.85 and has seen a day’s range between $63.58 and $65.18, showing strong momentum in the market. eBay’s current market capitalization stands at $31.853 billion, with a PE ratio of 12.67 and earnings per share (EPS) of $5.14.
With average trading volumes typically around 4.71 million, today’s volume reached 1.33 million by midday, indicating heightened interest in the stock. eBay’s 52-week range is $37.17 to $65.18, with the new high representing a major achievement for the company this year.
Investors are optimistic as the company approaches its upcoming earnings report, expected between Nov 5 – Nov 11, 2024. eBay offers a forward dividend yield of 1.08%, which adds additional appeal for long-term shareholders.
As the stock continues to surge, analysts and investors alike are closely watching to see if this momentum will continue throughout the trading day and into the upcoming earnings season.