Trip.com Group Ltd ADR (NASDAQ: TCOM) Increases 9.75% Over A Month, But Analysts Still See Upside Potential

Trip.com Group Ltd ADR (NASDAQ:TCOM) currently has a daily average trading volume of 3.92M but it saw 1820530 shares traded in last market. With a market cap of 32.16B USD, the company’s current market price of $48.72 came rising about 0.95 while comparing to the previous closing price of $48.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.63 and as low as $30.70.

Taking a look at 20-day trading activity of Trip.com Group Ltd ADR (TCOM) gives us an average price of $47.42, while its current price level is -3.78% below from 52-week high level whereas it is 58.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $44.71 while that of 200 days or SMA-200 reads an average of $38.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.39% during that period while stretching the period over a month that increases to 2.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.44 which implies that the stock is in neutral territory.

JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on July 31, 2023 while assigning a price target range of $39-$50. China Renaissance issued its recommendations for the stock as it upgraded the price target for the stock is $46.

Over the week, TCOM’s stock price is moving -2.75% down while it is 9.75% when we observe its performance for the past one month. Year-to-date it is 35.30% up and over the past year, the stock is showing an upside performance of 29.40%.

Currently, Trip.com Group Ltd ADR’s total number of outstanding shares is 660.10M. Company’s return on investment (ROI) stands at 7.00% and return on equity (ROE) at 8.38%. It has a price to earnings ratio (P/E ratio) of 23.42 while having a 16.08 of forward P/E ratio. Stock’s beta reads 0.52. Stock has a price to book (P/B) ratio of 1.87 while price to sale or P/S ratio amounts to 5.13. Its return on asset (ROA) is 4.79% on average.