NEW YORK (TheStreet) – eBay Inc shares are down nearly 20% since setting an all-time intraday high at $59.70 on Feb. 28. The stock has a reasonable 12-month forward price to earnings ratio of 18, which matches the P/E ratio of the S&P 500. eBay is cheap versus the retail-wholesale sector P/E at 26. The downside for eBay accelerated following the company's first-quarter earnings report. eBay …
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