Ctrip.com International Ltd. (CTRP) : Traders are bullish on Ctrip.com International Ltd. (CTRP) as it has outperformed the S&P 500 by a wide margin of 8.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.52%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.08% in the last 1 week, and is up 13.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 6.62% and the 50-Day Moving Average is 2.17%.
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 $43.25 and $42.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.08, notching a gain of 0.19% for the day. The total traded volume was 2,181,810 . The stock had closed at $43.00 on the previous day.
The company Insiders own 22.98% of Ctrip.com International Ltd. shares according to the proxy statements. Institutional Investors own 68.03% of Ctrip.com International Ltd. shares.
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.