On 8/9/24, Expedia Group Inc (NASDAQ: EXPE) stock enjoyed a major increase of 10.2%, closing at $130.01. Moreover, trading volume in this advance was exceptionally high at 286% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.0% during the last week.
Current PriceTarget Research Rating
EXPE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Expedia Group has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Expedia Group has a neutral Appreciation Score of 56 and a slightly negative Power Rating of 31, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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