Could Ctrip.Com International Ltd (ADR) Decline After Today’s Tip From Option Traders?

 Could Ctrip.Com International Ltd (ADR) Decline After Today's Tip From Option Traders?

In today’s session Ctrip.Com International Ltd (ADR) (CTRP) registered an unusually high (2,536) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious CTRP increase. With 2,536 contracts traded and 93984 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: CTRP180119C00050000 closed last at: $6.2 or 0% . About 262,826 shares traded hands. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 19.61% since March 7, 2016 and is uptrending. It has outperformed by 12.02% the S&P500.

Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) Ratings Coverage

Out of 15 analysts covering Ctrip.com International Ltd. (NASDAQ:CTRP), 14 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 93% are positive. $130 is the highest target while $50 is the lowest. The $69.77 average target is 45.81% above today’s ($47.85) stock price. Ctrip.com International Ltd. has been the topic of 31 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by Morgan Stanley given on Thursday, August 25. The firm earned “Outperform” rating on Wednesday, August 5 by Oppenheimer. Piper Jaffray maintained Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) on Tuesday, August 4 with “Buy” rating. The company was maintained on Monday, September 21 by Summit Research. CLSA upgraded the shares of CTRP in a report on Friday, February 19 to “Buy” rating. Bank of America upgraded the stock to “Buy” rating in Wednesday, October 7 report. The stock has “Buy” rating given by Zacks on Monday, August 10. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has “Buy” rating given on Thursday, June 16 by Brean Capital. As per Friday, January 22, the company rating was initiated by Nomura. The company was maintained on Thursday, March 17 by Brean Capital.

According to Zacks Investment Research, “Ctrip.com International, Ltd. is a leading travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip targets primarily business and leisure travelers in China who do not travel in group. These travelers form a traditionally under-served yet fast-growing segment of the China travel industry. Ctrip has experienced substantial growth and become one of the best-known travel brands in China.”

Ctrip.com International, Ltd. is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The company has a market cap of $23.56 billion. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It has a 156.84 P/E ratio. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.

CTRP Company Profile

Ctrip.com International, Ltd. (Ctrip), incorporated on March 1, 2000, is a travel service well-known provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements. In addition, it offers a range of other travel-related services, including travelers’ reviews, attraction tickets, travel-related financing and car services, and travel insurance and visa services to meet the various booking and travelling needs of both leisure and business travelers. The Firm also offers Internet-related advertising and other related services.

More notable recent Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) news were published by: Fool.com which released: “Earnings Show No Surprises at Ctrip.com International, Ltd. (ADR)” on September 01, 2016, also Fool.com with their article: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” published on August 25, 2016, Marketwatch.com published: “Ctrip.com International Ltd. ADR” on December 21, 2009. More interesting news about Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) were released by: Quotes.Wsj.com and their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011 as well as Fool.com‘s news article titled: “Ctrip.com International, Ltd. (ADR) Calms Investors’ Nerves” with publication date: June 17, 2016.

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