Ctrip.com International Ltd. (CTRP) has risen sharply, recording gains of 6.01% in the past 4 weeks. However, the stock has corrected -1.42% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.44% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Ctrip.com International Ltd. (NASDAQ:CTRP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.35 and $43.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.05, notching a gain of 0.26% for the day. The total traded volume was 2,974,231 . The stock had closed at $42.94 on the previous day.
The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 2.31%. Ctrip.com International Ltd. has dropped 3.26% during the last 3-month period . Year-to-Date the stock performance stands at -7.08%.
Ctrip.com International Ltd. (CTRP) : The highest short term price target forecast on Ctrip.com International Ltd. (CTRP) is $55 and the lowest target price is $44. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $51.74 with a standard deviation of $3.55.
Ctrip.com International, Ltd. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. The Company aggregates hotel and flight information to enable business and leisure travelers to make informed bookings. The Company also helps customers book tour packages and guided tours. In addition, its corporate travel management services help corporate clients manage their travel requirements. The Company also offers Internet-related advertising and other related services. The Company enables its customers to choose and reserve hotel rooms in cities throughout China and abroad; book and purchase transportation tickets for domestic and international flights and trains, and choose and reserve packaged tours that include transportation and accommodations, as well as guided tours and other value-added services in some instances.