Ctrip.com International Stock Gaps Up On Today's Open (CTRP)
Shares of Ctrip.com International (Nasdaq:CTRP) were gapping up Friday morning with an open price 10.6% higher than Thursday's closing price. The stock closed at $19.81 yesterday and opened today's trading at $21.90.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Shares of Ctrip.com International (Nasdaq: CTRP) were gapping up Friday morning with an open price 10.6% higher than Thursday's closing price. The stock closed at $19.81 Thursday and opened today's trading at $21.90.
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The average volume for Ctrip.com International has been three million shares per day over the past 30 days. Ctrip.com International has a market cap of $2.78 billion and is part of the services sector and leisure industry. Shares are down 11.8% year to date as of the close of trading on Thursday. Ctrip.com International, Ltd., together with its subsidiaries, provides travel services for hotel accommodations, airline tickets, and packaged tours in the People's Republic of China. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Ctrip.com International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Ctrip.com International Ratings Report. Get more investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.