Financial

Worth Watching Stock for Traders: Ctrip Group (NASDAQ: CTRP)

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Ctrip Group (NASDAQ: CTRP) changed -4.59% to recent value of $36.8. The stock transacted 2826581 shares during most recent day however it has an average volume of 4055.43K shares. It spotted trading -20.86% off 52-week high price. On the other end, the stock has been noted 47.20% away from the low price over the last 52-weeks.

Trip.com, Ctrip Group (NASDAQ: CTRP)’s global brand, reported that it signed a strategic agreement with Hotel Shilla in Seoul. Hotel Shilla has been one of South Korea’s leaders in hospitality for over 40 years.

In the Memorandum Of Understanding (MOU) signed today, Trip.com and Hotel Shilla agreed to enhance their partnership with the purpose of mutual development and invigorating the tourism industry in Asia. Trip.com and Hotel Shilla will cooperate to develop and supply high level travel products and services that will include additional value for travelers. Together they will endeavor in cooperative projects to contribute to the development of the tourism industry and will execute various activities to promote the exchange of information.

Lynn Qu, Vice President, Trip.com said “We are delighted to be working with Hotel Shilla and look forward to cooperate to provide better services for our customers all across Asia. With the upcoming new hotel openings, we deem there will be many opportunities to offer a world-class hospitality experience for Trip.com members”.

Ilho Seo, Director, Hotel Shilla said “With our travel retail and hotel business, we are eager to find ways of enriching travelers experiences. Trip.com is available in 19 different languages across 23 regions which enables us to provide our services to a wide customer base. Through Trip.com’s seamless one-stop shop booking experience and 24/7 customer support, we can guarantee our guests will be taken care of before, during and after their travels”.

About Trip.com

Trip.com provides one-stop travel booking services in 19 languages through our website and mobile app. We are a part of the Ctrip Group, a NASDAQ listed company since 2003 (NASDAQ: CTRP) with over 30,000 employees and over 300 million registered members, making it one of the leading online travel agencies in the world. With more than 1.2 million hotels in 200 countries and regions, we’ve built an extensive hotel network to give our customers a fantastic choice of accommodation. Our far-reaching flight network has over 2 million individual flight routes connecting more than 5,000 cities around the globe. When you combine this with our 24/7 English customer service and various other travel products, you can trust us to take care of your next trip.

CTRP has a gross margin of 79.10% and an operating margin of 9.00% while its profit margin remained 14.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained -41.80% for this year while earning per share for the next 5-years is expected to reach at 2.94%.

The company has 556.5M of outstanding shares and 281.38M shares were floated in the market. According to the most recent quarter its current ratio was 1.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.59% from the mean of 20 days, -2.23% from mean of 50 days SMA and performed 4.49% from mean of 200 days price. Company’s performance for the week was -0.30%, 9.59% for month and YTD performance remained 35.99%.

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