Trip.com Group Ltd ADR’s filing revealed that its Director GAN JP acquired Company’s shares for reported $1.92 million on Oct 15 ’24. In the deal valued at $61.00 per share,31,423 shares were bought.
Then, Wang Xiaofan bought 500,000 shares, generating $26,530,000 in total proceeds.
Before that, Baidu Holdings Ltd bought 10,525,696 shares. Trip.com Group Ltd ADR shares valued at $549,235,028 were divested by the Affiliate at a price of $52.18 per share.
HSBC Securities upgraded its Trip.com Group Ltd ADR [TCOM] rating to a Buy from a a Hold in a research note published on A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early November with a ‘”an Outperform”‘ rating. HSBC Securities also remained covering TCOM and has decreased its forecast on October 08, 2024 with a “Hold” recommendation from previously “Buy” rating. Nomura revised its rating on November 21, 2023. It rated TCOM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TCOM
On Tuesday, Trip.com Group Ltd ADR [NASDAQ:TCOM] saw its stock jump 2.32% to $62.74. Over the last five days, the stock has lost -2.00%. Trip.com Group Ltd ADR shares have risen nearly 74.23% since the year began. Nevertheless, the stocks have risen 76.98% over the past one year. While a 52-week high of $69.67 was reached on 10/04/24, a 52-week low of $31.55 was recorded on 01/22/24. SMA at 50 days reached $59.93, while 200 days put it at $50.25.
Levels Of Support And Resistance For TCOM Stock
The 24-hour chart illustrates a support level at 61.57, which if violated will result in even more drops to 60.41. On the upside, there is a resistance level at 63.97. A further resistance level may holdings at 65.20. The Relative Strength Index (RSI) on the 14-day chart is 50.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.49%. Stochastics %K at 20.53% indicates the stock is a holding.
How much short interest is there in Trip.com Group Ltd ADR?
A steep rise in short interest was recorded in Trip.com Group Ltd ADR stocks on 2024-10-31, dropping by -1.59 million shares to a total of 13.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 15.55 million shares. There was a decline of -11.35%, which implies that there is a negative sentiment for the stock.
