The stock of Trip.com Group Ltd ADR (NASDAQ:TCOM) last traded at $47.72, up 0.74% from the previous session.
TCOM stock price is now 5.82% away from the 50-day moving average and 8.73% away from the 200-day moving average. The market capitalization of the company currently stands at $30.74B.
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On July 31, 2023, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $39 to quote $50, while ‘China Renaissance’ rates the stock as ‘Buy’
In other news, Smart Charm Ltd, Member of immediate family of bought 500,000 shares of the company’s stock on Sep 04 ’24. The stock was bought for $23,665,000 at an average price of $47.33. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 30 ’24, Director Fan Min bought 250,000 shares of the business’s stock. A total of $10,585,000 was incurred on buying the stock at an average price of $42.34. A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Trip.com Group Ltd ADR has had a low of $31.55 and a high of $58.00. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 1.32, and a quick ratio of 1.32. According to the stock market information, the enterprise value for the company is $2529523200, which is based on a 16.63 price-to-earnings ratio, a 1.23 price-to-earnings-growth ratio, and a beta of 0.39. The fifty day moving average price for TCOM is $45.0944 and a two-hundred day moving average price translates $43.88665 for the stock.
The latest earnings results from Trip.com Group Ltd ADR (NASDAQ: TCOM) was released for 2024-06-30. The net profit margin was 28.85% and return on equity was 11.39% for TCOM. The company reported revenue of $1.76 billion for the quarter, compared to $1.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.21 percent. For the current quarter, analysts expect TCOM to generate $2.2B in revenue.
