eBay Inc. (EBAY) is Trading Lower on Unusual Volume for January 28

Equities Staff |

eBay Inc. (EBAY) experienced unusually high volume on Jan. 28, as the stock lost 11.7% to a closing price of $23.33. The stock saw 43.65 million shares trade hands over the course of the day on 193,425 trades. Given that the stock’s average daily volume over the last month has been 11.33 million shares a day, this represents a pretty substantial spike over the norm.

eBay Inc. has a P/B ratio of 1.44. The stock has traded between $66.73 and $23.23 over the last 52-weeks, its 50-day SMA is now $27.61, and its 200-day SMA $26.55.

eBay Inc is a commerce platform and provides online marketplaces for sales of goods. The Company's business segments are Marketplaces, Payments and Enterprise.

Headquartered in San Jose, CA, eBay Inc. has 36,500 employees and is currently under the leadership of CEO Devin N. Wenig / Daniel H. Schulman.

For a complete fundamental analysis analysis of eBay Inc., check out Equities.com’s Stock Valuation Analysis report for EBAY. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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