Shares of eBay Inc. hit a new 52-week high of $37.79 on September 8th. The stock has gained 16.3% in one year. eBay currently holds a Zacks Rank #3 (Hold). In addition, it has a market cap of $40.5 billion and its shares have returned 1.6% in the last two months following its second-quarter fiscal 2017 results. eBay, one of the largest online retailers in the world, is focusing on improving buyers’ experience, international expansion, opportunities in the mobile space, and a strong balance sheet. Recently, the company expanded its partnership with MallforAfrica to further...
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