TripAdvisor (NASDAQ:TRIP) has been under a strong bear grip, hence the stock is down -1.72% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.59% in the past 1 week. The stock has risen by 3.9% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.13% in the past 4 weeks.
The company shares have dropped -25.66% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $94.00 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $65.80 and the 200 Day Moving Average price is recorded at $66.50.
The stock has recorded a 20-day Moving Average of 4.01% and the 50-Day Moving Average is 2.93%.
TripAdvisor (NASDAQ:TRIP): stock turned positive on Friday. Though the stock opened at $66.09, the bulls momentum made the stock top out at $67.46 level for the day. The stock recorded a low of $66.08 and closed the trading day at $67.13, in the green by 2.32%. The total traded volume for the day was 1,495,881. The stock had closed at $65.61 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Halpin Dermot, officer (President, Vacation Rentals) of Tripadvisor, Inc., had unloaded 7,026 shares at an average price of $66.21 in a transaction dated on May 11, 2016. The total value of the transaction was worth $465,191.
TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include tripadvisor.com in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, daodao.com and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.