Trip.com Group Ltd ADR (NASDAQ: TCOM) Now $31.55 Higher From Its Low (33.08), Does It Still Have A Growth Story?

Trip.com Group Ltd ADR (NASDAQ:TCOM) currently has a daily average trading volume of 4.52M but it saw 5530566 shares traded in last market. With a market cap of 41.63B USD, the company’s current market price of $64.63 came falling about -3.42 while comparing to the previous closing price of $66.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $67.02 and as low as $31.55. In the recent trading on the day, stock has struck highest price mark of $63.58 while lowest mark touched by it was $65.725.

Taking a look at 20-day trading activity of Trip.com Group Ltd ADR (TCOM) gives us an average price of $52.23, while its current price level is -3.57% below from 52-week high level whereas it is 104.85% 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 $46.80 while that of 200 days or SMA-200 reads an average of $45.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.58% during that period while stretching the period over a month that decreases to 2.85%. 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 75.22 which implies that the stock is in overbought 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 14.03% up while it is 36.44% when we observe its performance for the past one month. Year-to-date it is 79.48% up and over the past year, the stock is showing an upside performance of 94.43%.

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 22.52 while having a 17.59 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 2.32 while price to sale or P/S ratio amounts to 6.17. Its return on asset (ROA) is 6.07% on average.