Trip.com Group Ltd ADR (TCOM) Shares Plummet Below 1-Year High

Trip.com Group Ltd ADR (NASDAQ: TCOM) has seen a decline in its stock price by -0.07 in relation to its previous close of 44.68. However, the company has experienced a 0.59% gain in its stock price over the last five trading sessions. Bloomberg Markets and Finance reported 2024-03-25 that Trip.com Group CEO Jane Sun discusses travel trends in China and outlook for travel in APAC. She speaks with David Ingles and Yvonne Man on the sidelines of Milken Institute Global Investors’ Symposium on “Bloomberg: The China Show”.

Is It Worth Investing in Trip.com Group Ltd ADR (NASDAQ: TCOM) Right Now?

Trip.com Group Ltd ADR (NASDAQ: TCOM) has a price-to-earnings ratio of 21.47x that is above its average ratio. Additionally, the 36-month beta value for TCOM is 0.56. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for TCOM is 660.06M and currently, short sellers hold a 1.42% ratio of that float. The average trading volume of TCOM on March 27, 2024 was 3.86M shares.

TCOM’s Market Performance

The stock of Trip.com Group Ltd ADR (TCOM) has seen a 0.59% increase in the past week, with a -2.72% drop in the past month, and a 29.80% gain in the past quarter. The volatility ratio for the week is 1.55%, and the volatility levels for the past 30 days are at 2.02% for TCOM. The simple moving average for the last 20 days is 1.49% for TCOM stock, with a simple moving average of 20.16% for the last 200 days.

Analysts’ Opinion of TCOM

JP Morgan, on the other hand, stated in their research note that they expect to see TCOM reach a price target of $50, previously predicting the price at $39. The rating they have provided for TCOM stocks is “Overweight” according to the report published on July 31st, 2023.

China Renaissance gave a rating of “Buy” to TCOM, setting the target price at $46 in the report published on June 09th of the previous year.

TCOM Trading at 9.03% from the 50-Day Moving Average

After a stumble in the market that brought TCOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.89% of loss for the given period.

Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +0.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.90% upper at present.

During the last 5 trading sessions, TCOM rose by +0.59%, which changed the moving average for the period of 200-days by +23.51% in comparison to the 20-day moving average, which settled at $44.01. In addition, Trip.com Group Ltd ADR saw 23.99% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TCOM

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.81 for the gross margin

The net margin for Trip.com Group Ltd ADR stands at 0.27. The total capital return value is set at 0.06. Equity return is now at value 8.38, with 4.79 for asset returns.

Based on Trip.com Group Ltd ADR (TCOM), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 4.45.

Currently, EBITDA for the company is 4.15 billion with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 5.76. The receivables turnover for the company is 3.05for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.

Conclusion

In conclusion, Trip.com Group Ltd ADR (TCOM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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