Trip.com Group Ltd ADR (TCOM) At $47.28 Offering A Unique Opportunity

Trip.com Group Ltd ADR (NASDAQ:TCOM) currently has a daily average trading volume of 3.42M but it saw 2253182 shares traded in last market. With a market cap of 30.45B USD, the company’s current market price of $47.28 came rising about 0.45 while comparing to the previous closing price of $47.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.00 and as low as $31.55. In the recent trading on the day, stock has struck highest price mark of $46.88 while lowest mark touched by it was $47.52.

Taking a look at 20-day trading activity of Trip.com Group Ltd ADR (TCOM) gives us an average price of $44.90, while its current price level is -18.48% below from 52-week high level whereas it is 49.86% 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 $45.04 while that of 200 days or SMA-200 reads an average of $44.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.45% during that period while stretching the period over a month that increases to 2.08%. 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 61.84 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 -0.19% down while it is 12.44% when we observe its performance for the past one month. Year-to-date it is 31.30% up and over the past year, the stock is showing an upside performance of 31.37%.

Currently, Trip.com Group Ltd ADR’s total number of outstanding shares is 644.09M. Company’s return on investment (ROI) stands at 9.36% and return on equity (ROE) at 11.39%. It has a price to earnings ratio (P/E ratio) of 16.47 while having a 12.92 of forward P/E ratio. Stock’s beta reads 0.39. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 4.52. Its return on asset (ROA) is 6.07% on average.