Expedia (EXPE) Shares are Up 2.52%

Expedia (EXPE) : Traders are bullish on Expedia (EXPE) as it has outperformed the S&P 500 by a wide margin of 0.24% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.46%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.52% in the last 1 week, and is up 1.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 4.81%. Expedia (NASDAQ:EXPE): stock turned positive on Friday. Though the stock opened at $114.52, the bulls momentum made the stock top out at $116.34 level for the day. The stock recorded a low of $114.3 and closed the trading day at $116.08, in the green by 1.11%. The total traded volume for the day was 1,684,860. The stock had closed at $114.8 in the previous days trading.


The company Insiders own 24.76% of Expedia shares according to the proxy statements. Institutional Investors own 81.25% of Expedia shares. Also, Brokerage firm Barclays maintains its rating on Expedia (NASDAQ:EXPE). As per the latest information, the brokerage house raises the price target to $130 per share from a prior target of $120. The shares have been rated Overweight. The rating by the firm was issued on July 29, 2016.

Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *