Shares of MakeMyTrip Limited (NASDAQ:MMYT) traded at a new 52-week high today of $37.76. Approximately 200,000 shares have changed hands today, as compared to an average 30-day volume of 806,000 shares.
MakeMyTrip Limited (NASDAQ:MMYT) has potential upside of 12.8% based on a current price of $37.01 and analysts’ consensus price target of $41.75.
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day to day travel needs. The company’s operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet based platforms, call-centers, and branch offices, provides holiday packages and hotel reservations. Its Air ticketing segment includes internet based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
Over the past year, MakeMyTrip Limited has traded in a range of $10.00 to $37.76 and is now at $37.01, 270% above that low.
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