Ctrip.com International Rises On Unusually High Volume (CTRP)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Wednesday with 4.6 million shares changing hands. It is currently at two times its average daily volume and trading up $1.93 (+6.1%) at $33.73 as of 3:16 p.m. ET.
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Ctrip.com International has a market cap of $4.15 billion and is part of the services sector and leisure industry. Shares are up 40.3% year to date as of the close of trading on Tuesday.
Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for hotel accommodations, airline tickets, packaged tours, and corporate travel management in the People's Republic of China.
TheStreet Ratings rates
Ctrip.com International
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. You can view the full
Ctrip.com International Ratings Report
.
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