TripAdvisor (TRIP) : Investors lapped up stocks on upticks to the tune of $1.2 million in the Fridays trading session. The trading value on downticks was comparatively at $0.24 million and the uptick to downtick ratio of 4.92 indicates continuous buying by the bulls. The net money flow into the stock was $0.96 million. Upticks saw transactions worth $1.02 clearly indicating buying by large investors. The total money flow for block trades stood at $1.02 million, which is a positive for the stock in the long-term. TripAdvisor (TRIP) fell $0.04 during the day at $68.65, a drop of -0.06% over the previous days close. However, for the week, the stock is 0.57%, compared to the previous week.
TripAdvisor (TRIP) : Average target price received by TripAdvisor (TRIP) is $68.31 with an expected standard deviation of $12.51. The most aggressive target on the stock is $95, whereas the most downbeat target is $44. 13 financial analysts are currently covering the stock.
TripAdvisor (NASDAQ:TRIP): stock turned positive on Friday. Though the stock opened at $69.14, the bulls momentum made the stock top out at $70.23 level for the day. The stock recorded a low of $68.49 and closed the trading day at $70.09, in the green by 2.04%. The total traded volume for the day was 1,254,142. The stock had closed at $68.69 in the previous days trading.
In a related news, Halpin Dermot, officer (President, Vacation Rentals) of Tripadvisor, Inc., unloaded 7,026 shares at an average price of $66.21 on May 11, 2016. The total amount of the transaction was worth $465,191, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include tripadvisor.com in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, daodao.com and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.