Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 227,329 shares, a decline of 37.0% from the September 30th total of 360,758 shares. Based on an average trading volume of 327 shares, the short-interest ratio is presently 695.2 days.
Tongcheng Travel Stock Performance
Shares of OTCMKTS:TNGCF opened at $1.35 on Tuesday. The business has a 50-day moving average of $1.90 and a two-hundred day moving average of $2.57. Tongcheng Travel has a 12 month low of $1.35 and a 12 month high of $2.80.
About Tongcheng Travel
Tongcheng Travel is a China-based online travel services company that operates a digital platform for travel booking and related services. Through its mobile applications, website and Weixin mini-programs, the company connects travelers with transportation, accommodation and leisure products.
Its services primarily include bookings for domestic and international flights, train tickets, hotels, bus transportation and attraction tickets. The platform also offers travel packages and other ancillary services, helping users plan and purchase multiple components of a trip through a single online ecosystem.
The company was established in 2004 and developed through the combination of Tongcheng and eLong, which joined forces in 2017.
See Also
- Five stocks we like better than Tongcheng Travel
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Tongcheng Travel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tongcheng Travel and related companies with MarketBeat.com's FREE daily email newsletter.
