TripAdvisor (TRIP) : Traders are bullish on TripAdvisor (TRIP) as it has outperformed the S&P 500 by a margin of 6.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.05%, 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 2.68% in the last 1 week, and is up 13.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TripAdvisor (NASDAQ:TRIP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.14 and $68.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.09, notching a gain of 2.04% for the day. The total traded volume was 1,254,142 . The stock had closed at $68.69 on the previous day.
The stock has recorded a 20-day Moving Average of 6% and the 50-Day Moving Average is 5.95%. TripAdvisor Inc. is up 10.66% in the last 3-month period. Year-to-Date the stock performance stands at -17.78%.
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.