Shares of eBay Inc. (NASDAQ:EBAY) traded today at $71.79, eclipsing its 52-week high. Approximately 602,000 shares have changed hands today, as compared to an average 30-day volume of 6.1 million shares.
eBay Inc. share prices have moved between a 52-week high of $71.79 and a 52-week low of $45.36 and are now trading 58% above that low price at $71.69 per share.
eBay Inc. (NASDAQ:EBAY) has potential upside of 81.4% based on a current price of $71.69 and analysts’ consensus price target of $130.03.
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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