Shorts On Watch: Ctripcom International Limited Ads 1 (NASDAQ:CTRP) Could Burn Your Long Portfolio After More Shorts

November 30, 2016 - By Linda Rogers   ·   0 Comments

Shorts On Watch: Ctripcom International Limited Ads 1 (NASDAQ:CTRP) Could Burn Your Long Portfolio After More Shorts

The stock of Ctripcom International Limited Ads 1 (NASDAQ:CTRP) registered an increase of 3.98% in short interest. CTRP’s total short interest was 35.19M shares in November as published by FINRA. Its up 3.98% from 33.84 million shares, reported previously. With 3.21M shares average volume, it will take short sellers 11 days to cover their CTRP’s short positions. The short interest to Ctripcom International Limited Ads 1’s float is 10.14%. About 2.17 million shares traded hands. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 1.73% since April 27, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Ctrip.com International, Ltd. is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The company has a market cap of $23.07 billion. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It has a 153.19 P/E ratio. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.

Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) Ratings Coverage

Out of 15 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 15 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Ctrip.com International Ltd. has been the topic of 32 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Summit Research given on Monday, September 21. Raymond James downgraded the shares of CTRP in a report on Friday, November 13 to “Strong Buy” rating. Oppenheimer maintained Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) rating on Tuesday, October 27. Oppenheimer has “Outperform” rating and $110 price target. As per Wednesday, September 23, the company rating was upgraded by Credit Agricole. Brean Capital maintained Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) on Thursday, November 19 with “Buy” rating. The stock has “Buy” rating given by Nomura on Friday, January 22. The rating was downgraded by Zacks on Monday, August 10 to “Buy”. Morgan Stanley upgraded Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) rating on Thursday, August 6. Morgan Stanley has “Overweight” rating and $98 price target. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has “Buy” rating given on Thursday, November 19 by Stifel Nicolaus. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) earned “Buy” rating by Bank of America on Wednesday, October 7.

CTRP Company Profile

Ctrip.com International, Ltd. (Ctrip), incorporated on March 1, 2000, is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements. In addition, it offers a range of other travel-related services, including travelers’ reviews, attraction tickets, travel-related financing and car services, and travel insurance and visa services to meet the various booking and travelling needs of both leisure and business travelers. The Firm also offers Internet-related advertising and other related services.

More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Foxbusiness.com which released: “There’s a Lot Happening at Ctrip.com International Ltd (ADR) — and the Market …” on November 26, 2016, also Marketwatch.com with their article: “Ctrip.com International Ltd. ADR” published on December 21, 2009, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. More interesting news about Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) were released by: Fool.com and their article: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” published on August 25, 2016 as well as Fool.com‘s news article titled: “Earnings Show No Surprises at Ctrip.com International, Ltd. (ADR)” with publication date: September 01, 2016.

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By Linda Rogers


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