June 22, 2021

Keep Your Eyes on Stock News: Trip.com Group Limited (NASDAQ:TCOM)

Trip.com Group Limited (NASDAQ:TCOM) stock identified change of 6.53% away from 52-week low price and recently located move of -53.48% off 52-week high price. It has market worth of $12.78B. TCOM stock has been recorded -33.57% away from 50 day moving average and -35.62% away from 200 day moving average. Moving closer, we can see that shares have been trading -25.98% off 20-day moving average.

On March 18, 2020, Trip.com Group Limited (NASDAQ:TCOM) a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate travel management, and other travel-related services, declared its unaudited financial results for the fourth quarter and full year ended December 31, 2019.

Key Highlights for the Fourth Quarter and Full Year of 2019

– Trip.com Group reported strong financial results for the fourth quarter and full year of 2019.

  • Income from operations for the fourth quarter of 2019 was RMB580 million (US$84 million), compared to the loss of RMB189 million in the same period in 2018. Excluding share-based compensation charges, non-GAAP income from operations increased by 294% year-over-year to RMB1.0 billion (US$148 million) in the fourth quarter of 2019.
  • Net income attributable to Trip.com Group’s shareholders reached RMB2.0 billion (US$289 million) in the fourth quarter of 2019, resulting in 2019 full year net income of RMB7.0 billion (US$1.0 billion), compared to net loss of RMB1.2 billion in same period in 2018 and net income of RMB1.1 billion for full year 2018. Excluding share-based compensation charges and fair value changes of equity securities investments, non-GAAP net income attributable to Trip.com Group’s shareholders increased by 132% year-over-year to RMB1.2 billion (US$171 million) in the fourth quarter of 2019 and by 19% year-over-year to RMB6.5 billion (US$937 million) for full year 2019.

The Services sector company, Trip.com Group Limited noticed change of -6.36% to $21.63 along volume of 13397758 shares in recent session compared to an average volume of 7.02M shares. The stock observed return of -21.49% in 5 days trading activity. The stock was at -35.70% over one month performance. TCOM’s shares are at -36.55% for the quarter and driving a -48.43% return over the course of the past year and is now at -35.51% since this point in 2018.

The average volatility for the week at 12.22% and for month was at 6.15%. There are 590.67M shares outstanding and 280.87M shares are floated in market. Right now the stock beta is 1.7.