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Ctrip.com (CTRP) in Focus: Stock Moves 5.4% Higher
Ctrip.com International, Ltd. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $36.97–$41.15 in the past one-month time frame, showed a sharp increase yesterday.
The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ctrip.com International currently has a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
Ctrip.com International, Ltd. Price
Ctrip.com International, Ltd. Price | Ctrip.com International, Ltd. Quote
A better-ranked stock in the Internet – Commerce industry is Amazon.com, Inc. (AMZN - Free Report) , which currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is CTRP going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>