Market Cap for Alibaba Group Holding Limited

Alibaba Group Holding Limited (BABA) is a multinational holding company specializing in e-commerce, retail, internet, and technology. As of February 3rd 2023, the company had a market capitalization of $281.5 bln. By comparing it to the previous day market capitalization of $290.5 bln we can see that market cap has decreased by 3.4% in the last 24 hours. The 52-week high for BABA was 129.4 on June 8th 2022 and the 52-week low of 58.01 was reached on April 23rd 2021, showing an overall growth in market value of over 55%. The stock price has increased from an average 200 day price of 93.11905 on August 7th 2022 to 102.173 on December 28th 2022, indicating a strong investor confidence in Alibaba’s future prospects and performance. As of February 3rd 2023, there were 2,647,539,968 shares outstanding and 167,356,514 daily trading volume with an average volume of 21,946122 shares per day over the past 50 days which suggests a relatively high degree of liquidity for BABA stock holders should they wish to sell their holdings quickly and efficiently. Overall the financial situation for Alibaba Group Holding Limited looks solid with a steady increase in stock price as well as long term market capitalization growth along with strong liquidity measures which make it an attractive investment opportunity for potential new investors looking for short or long term gains from buying into BABA now or in the near future.