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 8.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.45%, 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 2.77% in the last 1 week, and is up 8.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.32% and the fifty day Moving Average is 10.58%. Ctrip.com International Ltd. is up 3.36% in the last three month period. Year-to-Date the stock performance stands at 2.4%.
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 $51.99 with a standard deviation of $3.72.
Ctrip.com International Ltd. (NASDAQ:CTRP): stock turned positive on Friday. Though the stock opened at $46.54, the bulls momentum made the stock top out at $47.85 level for the day. The stock recorded a low of $46.4 and closed the trading day at $47.44, in the green by 2.37%. The total traded volume for the day was 5,270,649. The stock had closed at $46.34 in the previous days trading.
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.