TUI (OTCMKTS:TUIFF) Stock Falls 4.3% – Here’s What Happened

TUI AG (OTCMKTS:TUIFF) shares fell 4.3% during mid-day trading on Friday. The company traded as low as $7.42 and last traded at $7.42. Approximately 1,340 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 919 shares. The stock had previously closed at $7.75.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “neutral” rating on shares of TUI in a report on Monday, August 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

TUI Stock Performance

The company’s 50-day moving average price is $7.98 and its 200-day moving average price is $7.94.

About TUI

TUI AG is a German integrated tourism company that provides holiday experiences through tour operating, airlines, hotels, resorts, cruises and destination services. The group serves customers through the TUI brand and a portfolio of regional tour operators, travel agencies, websites and mobile platforms.

Its hotel and resort activities include owned, leased and partner properties operating under brands such as TUI Blue, Robinson and RIU Hotels & Resorts. TUI also operates or markets cruise holidays through brands including TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises, while its airline business provides flights for holidaymakers through carriers such as TUI fly and other regional TUI airlines.

Headquartered in Hanover, Germany, TUI serves customers primarily across Europe and offers holidays in destinations throughout the Mediterranean, the Caribbean, Africa, Asia and other international markets.