What’s Next for Ctrip.Com International Ltd (ADR) After Today’s Bullish Options Activity?

 What's Next for Ctrip.Com International Ltd (ADR) After Today's Bullish Options Activity?

In today’s session Ctrip.Com International Ltd (ADR) (CTRP) registered an unusually high (1,092) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious CTRP increase. With 1,092 contracts traded and 54564 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: CTRP161216C00047000 closed last at: $1.05 or 50% up. About 909,639 shares traded hands. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 0.48% since April 7, 2016 and is uptrending. It has underperformed by 4.30% 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 64.01% above today’s ($42.54) stock price. Ctrip.com International Ltd. has been the topic of 31 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Oppenheimer on Thursday, January 14 with “Outperform”. The stock has “Buy” rating given by Stifel Nicolaus on Friday, August 28. The company was maintained on Thursday, September 17 by Oppenheimer. As per Friday, September 2, the company rating was initiated by Credit Suisse. Zacks downgraded the shares of CTRP in a report on Monday, August 10 to “Buy” rating. The stock of Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has “Buy” rating given on Monday, September 21 by Summit Research. Piper Jaffray maintained the shares of CTRP in a report on Thursday, November 19 with “Overweight” rating. The firm has “Buy” rating by Piper Jaffray given on Tuesday, August 4. Oppenheimer maintained the shares of CTRP in a report on Thursday, November 19 with “Outperform” rating. The firm earned “Buy” rating on Monday, October 26 by Goldman Sachs.

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 $21.18 billion. The Firm aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It has a 141.85 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: “How Will Ctrip.com International, Ltd. (ADR) Evolve in a Consolidated Market?” on August 25, 2016, also Marketwatch.com with their article: “Ctrip.com International Ltd. ADR” published on December 21, 2009, Fool.com published: “Earnings Show No Surprises at Ctrip.com International, Ltd. (ADR)” on September 01, 2016. 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): Growth Remains Impressive” with publication date: November 19, 2015.

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