eBay Faces Weak Start with 14.52% Gap Down Amid Market Concerns

eBay, Inc., a mid-cap player in the E-Retail and E-Commerce industry, opened today with a significant loss of 14.52%. This decline marks a notable shift in the stock's performance, which has seen a 15.88% decrease over the past day, contrasting sharply with the S&P 500's unchanged performance. Over the past month, eBay's stock has also underperformed, down 7.94%, while the S&P 500 gained 3.44%.
In terms of technical indicators, the weekly MACD suggests a mildly bearish trend, while the monthly outlook remains bullish. The Relative Strength Index (RSI) shows no signals for both weekly and monthly periods. Bollinger Bands indicate a bullish stance on both timeframes, and daily moving averages also reflect bullish momentum. However, the KST and Dow Theory present a mixed picture, with weekly indicators leaning mildly bearish and monthly indicators showing mild bullishness.

eBay's market capitalization stands at approximately USD 143,065 million, with a price-to-earnings ratio of 56.00 and a dividend yield of 0.40%. The company's debt-to-equity ratio is 0.55, and it boasts a strong return on equity of 42.72%, alongside a price-to-book ratio of 30.13.