Expedia (EXPE) : $27.59 million worth of transactions were on upticks in Expedia (EXPE), compared to $24.07 million on downticks. The ratio between the two was 1.15, whereas, the net money flow stood at a healthy $3.53 million on Tuesdays session. The consistent buying on upticks in the stock accounted for $2.13million worth of trades. The total money flow into the stock stood at $2.13 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.76%. The stock was trading at $108.97, with a drop of $0.83 over the previous days close. The stock recorded -2.15% for the week.
Also, Barclays maintains their rating on the shares of Expedia (NASDAQ:EXPE). The current rating of the shares is Overweight. Equity Analysts at the Firm raises the price target to $130 per share from $120 per share. The rating by the firm was issued on July 29, 2016.
Expedia Inc. has lost 3.97% in the last five trading days and dropped 6.84% in the last 4 weeks. Expedia Inc. has dropped 1.14% during the last 3-month period . Year-to-Date the stock performance stands at -11.64%.
Expedia (NASDAQ:EXPE): The stock opened at $110.14 on Tuesday but the bulls could not build on the opening and the stock topped out at $110.32 for the day. The stock traded down to $108.70 during the day, due to lack of any buying support eventually closed down at $109.09 with a loss of -0.65% for the day. The stock had closed at $109.80 on the previous day. The total traded volume was 1,598,831 shares.
In a related news,The director of Expedia, Inc., Jacobson Craig A sold 8,000 shares at $116.75 on August 16, 2016. The Insider selling transaction had a total value worth of $934,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.