TripAdvisor (TRIP) Shares are Up 2.12%

TripAdvisor (TRIP) : Traders are bullish on TripAdvisor (TRIP) as it has outperformed the S&P 500 by a wide margin of 3.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.95%, 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 2.12% in the last 1 week, and is up 3.24% 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 2.02% and the 50-Day Moving Average is 0.5%.The 200 Day SMA reached 4.72%

TripAdvisor

TripAdvisor (NASDAQ:TRIP): After opening at $62.98, the stock dipped to an intraday low of $62.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $63.48 and the buying power remained strong till the end. The stock closed at $63.18 for the day, a gain of 0.29% for the day session. The total traded volume was 1,690,269. The stocks close on the previous trading day was $63.18.

TripAdvisor (TRIP) : 12 investment research analysts covering TripAdvisor (TRIP) have an average price target of $66.42 for the near short term. The highest target price given by the Brokerage Firm to the stock is $90 and the lowest target is $41 for the short term. Analysts expect the variance to be within $12.66 of the average price.

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.

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