TCOM - Shares of Trip.com Group Limited (TCOM) Fall to a New 52-Week Low
Trip.com Group Limited (NASDAQ:TCOM) traded at a new 52-week low today of $23.90. So far today approximately 625,000 shares have been exchanged, as compared to an average 30-day volume of 5 million shares.
Over the past year, Trip.com Group Limited has traded in a range of $23.90 to $45.19 and is now at $26.02.
Potential upside of 131.6% exists for Trip.com Group Limited, based on a current level of $26.02 and analysts' average consensus price target of $60.26.
Trip.com is the largest online travel agency in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of Trip.com's revenue comes from package tours and corporate travel. Most of its sales come through websites and mobile platforms, while the rest come from call centers. The company was founded in 1999 and listed on the Nasdaq in December 2003.
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