Investors sold shares of Ctrip.Com International Ltd (NASDAQ:CTRP) on strength during trading on Wednesday. $12.66 million flowed into the stock on the tick-up and $28.44 million flowed out of the stock on the tick-down, for a money net flow of $15.78 million out of the stock. Of all companies tracked, Ctrip.Com International had the 26th highest net out-flow for the day. Ctrip.Com International traded up $0.34 for the day and closed at $44.64
A number of research firms have weighed in on CTRP. Barclays began coverage on shares of Ctrip.Com International in a report on Monday, October 9th. They set an “overweight” rating and a $62.00 price objective on the stock. Cowen reissued a “buy” rating and set a $57.00 price objective on shares of Ctrip.Com International in a report on Sunday, October 8th. Bank of America reissued a “buy” rating and set a $58.00 price objective on shares of Ctrip.Com International in a report on Sunday, September 3rd. JPMorgan Chase & Co. cut shares of Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price objective on the stock. in a report on Thursday, December 7th. Finally, Oppenheimer reissued a “buy” rating and set a $58.00 price objective (down previously from $62.00) on shares of Ctrip.Com International in a report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $56.33.
The company has a market capitalization of $23,360.00, a price-to-earnings ratio of 73.18 and a beta of 1.73. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.51 and a current ratio of 1.51.
Ctrip.Com International Company Profile
Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.
Receive News & Ratings for Ctrip.Com International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.Com International and related companies with MarketBeat.com's FREE daily email newsletter.