Trip.com Group Ltd ADR [NASDAQ: TCOM] surged by $4.64 during the normal trading session on while it closed the day at $61.32.
Trip.com Group Ltd ADR stock has also gained 26.02% of its value over the past 7 days. However, TCOM stock has inclined by 30.47% in the 3 months of the year. Over the past six months meanwhile, it has gained 39.71% and gained 70.29% year-on date.
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The market cap for TCOM stock reached $39.50 billion, with 644.09 million shares outstanding and 644.07 million shares in the current float. Compared to the average trading volume of 3.94M shares, TCOM reached a trading volume of 14921391 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Trip.com Group Ltd ADR [TCOM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCOM shares is $66.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TCOM stock is a recommendation set at 1.23. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Nomura have made an estimate for Trip.com Group Ltd ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 21, 2023. While these analysts kept the previous recommendation, JP Morgan raised their target price from $39 to $50. The new note on the price target was released on July 31, 2023, representing the official price target for Trip.com Group Ltd ADR stock. Previously, the target price had yet another raise to $46, while China Renaissance analysts kept a Buy rating on TCOM stock.
The Average True Range (ATR) for Trip.com Group Ltd ADR is set at 1.98, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 5.86. The Price to Book ratio for the last quarter was 2.20, with the Price to Cash per share for the same quarter was set at 19.18.
TCOM stock trade performance evaluation
Trip.com Group Ltd ADR [TCOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 26.02. With this latest performance, TCOM shares gained by 32.78% in over the last four-week period, additionally plugging by 39.71% over the last 6 months – not to mention a rise of 73.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TCOM stock in for the last two-week period is set at 83.05, with the RSI for the last a single of trading hit 86.85, and the three-weeks RSI is set at 78.28 for Trip.com Group Ltd ADR [TCOM]. The present Moving Average for the last 50 days of trading for this stock 45.42, while it was recorded at 54.25 for the last single week of trading, and 45.16 for the last 200 days.
Trip.com Group Ltd ADR [TCOM]: An insightful look at the core fundamentals
Trip.com Group Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.32 and a Current Ratio set at 1.32.
Earnings per share (EPS) analysis for Trip.com Group Ltd ADR [TCOM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TCOM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Trip.com Group Ltd ADR go to 13.47%.
Trip.com Group Ltd ADR [TCOM]: Institutional Ownership
The top three institutional holders of TCOM stocks are: CAPITAL WORLD INVESTORS with ownership of 49.9 million shares, which is approximately 7.6608%. MORGAN STANLEY, holding 23.78 million shares of the stock with an approximate value of $$1.12 billion in TCOM stocks shares; and MORGAN STANLEY, currently with $$550.69 million in TCOM stock with ownership which is approximately 1.7989%.
