TUI (LON:TUI) Share Price Crosses Above Fifty Day Moving Average of $586.15

TUI AG (LON:TUI) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 586.15 ($7.46) and traded as high as GBX 599.50 ($7.63). TUI shares last traded at GBX 587.50 ($7.48), with a volume of 347,280 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “neutral” rating on shares of TUI in a research report on Wednesday, May 29th.

TUI Trading Down 2.4 %

The company has a market cap of £2.91 billion, a price-to-earnings ratio of 324.01, a price-to-earnings-growth ratio of -0.22 and a beta of 2.32. The firm has a 50-day moving average price of GBX 583.03 and a 200 day moving average price of GBX 578.58. The company has a current ratio of 0.47, a quick ratio of 0.29 and a debt-to-equity ratio of 383.92.

About TUI

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Royalton, Mora, RIU Hotels & Resorts, Robinson, TUI Blue, TUI Magic Life, Atlantica Hotels & Resorts, Grupotel, Iberotel, Akra Hotels, TUI Suneo, and AQI brands. The company is also involved in the tour operation and airlines businesses.