Trip.com Group Ltd ADR (NASDAQ: TCOM): Should Value Hunters Buy Stock?

Trip.com Group Ltd ADR (NASDAQ:TCOM) price is hovering lower on Wednesday, April 17, dropping -1.24% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $48.67. The company’s P/E ratio in the trailing 12-month period read 23.11. Taking into account the 52-week price action we note that the stock hit a 52-week high of $50.63 and 52-week low of $30.70. The stock added 8.63% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give TCOM a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.35. The overview shows that TCOM’s price is at present 2.25% off the SMA20 and 8.48% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.35, with weekly volatility standing at 2.89%. The indicator jumps to 2.47% when calculated based on the past 30 days. Trip.com Group Ltd ADR (NASDAQ:TCOM)’s beta value is holding at 0.52, while the average true range (ATR) indicator is currently reading 1.29.

An analysis of the Trip.com Group Ltd ADR (NASDAQ:TCOM) stock in terms of its daily trading volume indicates that the 3-month average is 3.92 million.

Current records show that the company has 660.10M in outstanding shares. The insiders’ percentage holdings are 0.01% of outstanding shares while the percentage share held by institutions stands at 36.03%. But the 33.49% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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