Trip.com Group Limited (NASDAQ:TCOM) traded at a new 52-week low today of $23.90. So far today approximately 625,000 shares have been exchanged, as compared to an average 30-day volume of 5 million shares.
Over the past year, Trip.com Group Limited has traded in a range of $23.90 to $45.19 and is now at $26.02.
Potential upside of 131.6% exists for Trip.com Group Limited, based on a current level of $26.02 and analysts’ average consensus price target of $60.26.
Trip.com is the largest online travel agency in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of Trip.com’s revenue comes from package tours and corporate travel. Most of its sales come through websites and mobile platforms, while the rest come from call centers. The company was founded in 1999 and listed on the Nasdaq in December 2003.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer