Shares of eBay Inc. (EBAY) Rise to a New 52-Week High

August 30, 2021 11:31:22

eBay Inc. (NASDAQ:EBAY) traded today at a new 52-week high of $77.31. Approximately 691,000 shares have changed hands today, as compared to an average 30-day volume of 7.7 million shares.

eBay Inc. (NASDAQ:EBAY) is currently priced 58.9% above its average consensus analyst price target of $31.73.

eBay Inc. share prices have moved between a 52-week high of $77.31 and a 52-week low of $45.36 and are now trading 70% above that low price at $77.15 per share.

With $100 billion in marketplace gross merchandise volume, or GMV, generated in 2020, eBay’s Marketplace facilitated more than 2% of the $4.3 trillion global online commerce market (based on eMarketer estimates). EBay’s strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.

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