The Priceline Group (PCLN) : Traders are bullish on The Priceline Group (PCLN) as it has outperformed the S&P 500 by a wide margin of 3.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.83%, 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 1.76% in the last 1 week, and is up 6.58% 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 2.34% and the 50-Day Moving Average is 3.61%. The Priceline Group Inc. is up 0.53% in the last 3-month period. Year-to-Date the stock performance stands at 5.95%.
The Priceline Group (NASDAQ:PCLN): stock turned positive on Friday. Though the stock opened at $1314.99, the bulls momentum made the stock top out at $1353.99 level for the day. The stock recorded a low of $1313.42 and closed the trading day at $1350.81, in the green by 1.86%. The total traded volume for the day was 1,413,587. The stock had closed at $1326.1 in the previous days trading.
The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company, through its online travel agent (OTA) services, connects consumers wishing to make travel reservations with providers of travel services across the world. The Companys brands include Booking.com, KAYAK, agoda.com, rentalcars.com and OpenTable. The Company offers consumers accommodation reservations, including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties, through its Booking.com, priceline.com and agoda.com brands. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations through its Website rentalcars.com. The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.