Trip com Group Ltd (NASDAQ: TCOM) stock closed at $61.48 on 10/8/24 after a major decline of -10.1%. Moreover, trading volume in this decline was exceptionally high at 201% of normal. The stock has risen 3.4% during the last week and has been strong relative to the market over the last nine months.
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 very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Trip com Group has a slightly negative Appreciation Score of 38 but a very high Power Rating of 91, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment