Dashboard

Solid News

Holiday Sales may Allow the eBay Inc. to Increase Profits

12/16/2022 2:11 PM

The price of shares of the American Internet retailing company eBay Inc. corrected, trading at 42.00.

The company's bet on Christmas sales paid off: research on Black Friday sales conducted by Adobe Inc. exceeded expectations and reflected record consumer spending in the online shopping segment of 9.12 billion dollars, up 2.3% year-over-year. The greatest demand was for electronic goods and toys. Among the services, Buy Now Pay Later was the most popular, with payments increasing by 78.0%. According to the report, Amazon.com Inc. currently leads in terms of sales, while eBay Inc. holds second place ahead of Walmart Inc.

Analysts suggest that the holiday sales period will bring eBay Inc. additional revenue, and the company's upcoming earnings report will show 2.46 billion dollars in revenue, with earnings per share exceeding 1.0 dollar last quarter to 1.06 dollars.

Today, the issuer will pay a quarterly dividend of 0.22 dollars per share, which is comparable to a yield of 2.01% per annum. The following payouts can be indexed to the traditional 0.03-0.04 dollars.


On the daily chart, the company's shares are traded within a local correctional corridor, reminiscent of the Flag trend continuation pattern.

The range of fluctuations of the EMAs on the Alligator indicator continues to narrow, indicating a correction, and the AO oscillator histogram is forming new bars with a downtrend, being in the buying zone.

Support levels: 41.00, 36.00. | Resistance levels: 44.00, 47.00.

Find Us
Registered Address : Bonovo Road – Fomboni Island of Mohéli – Comoros Union
Physical address: Oasis Moroni,RN1 bureau No 03 Rez-de-chaussée, Comoros Union
Mail Us
[email protected]
Call Us
+269 320 20 60


Risk Warnings
Solid ECN Securities LLC offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience. Seek independent advice, if necessary.
Solid ECN Securities LLC does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Solid ECN Securities LLC is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
By using solidecn.com you agree to use our cookies to enhance your experience.
Solid ECN Securities LLC is authorized and regulated by the Comoros Union with reference number HY00623411.
Disclaimer 1: The information provided on this site is not intended for residents of any country or jurisdiction where its distribution or use would violate local laws or regulations.
Disclaimer 2: Solid ECN Securities LLC and it affiliates does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
Copyright All Right Reserved 2025 SolidECN.com