NEW YORK (TheStreet) -- Shares of Ctrip.com International (CTRP) are down by 1.17% to $44.63 in early afternoon trading on Tuesday, as the China-based travel service provider is one of several travel stocks to take a hit from today's terrorist attacks in Brussels.
There have been at least 31 deaths and dozens of people injured when bombs went off at the Zaventem airport and then the Maelbeek metro station.
A statement released on the IS-linked Amaq agency says that ISIS has claimed responsibility for the attacks, BBC News reports. The attacks are believed to be retribution for the Friday arrest of Salah Abdeslam, a suspect in the November 2015 Paris attacks.
Abdeslam was arrested in Brussels.
Ctrip.com International is a Shanghai-based travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China.
Separately, TheStreet Ratings has set a "hold" rating and a score of C on Ctrip.com International stock. The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and solid stock price performance. However, as a counter to these strengths, TheStreet Ratings finds that the growth in the company's earnings per share has not been good.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: CTRP