Trip com Group Ltd (NASDAQ: TCOM) stock enjoyed a major increase of 11.0% on 9/26/24. The shares closed at $56.68. Moreover, this advance was accompanied by exceptionally high trading volume at 498% of normal. The stock has been strong relative to the market over the last nine months and has risen 21.4% during the last week.
Current PriceTarget Research Rating
TCOM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Trip com Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Trip com Group has a neutral Appreciation Score of 49 but a very high Power Rating of 87, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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