TUI (LON:TUI) Stock Passes Above 50-Day Moving Average of $574.69

TUI AG (LON:TUI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 574.69 ($7.30) and traded as high as GBX 588.50 ($7.48). TUI shares last traded at GBX 563.50 ($7.16), with a volume of 268,628 shares changing hands.

Wall Street Analyst Weigh In

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

TUI Trading Down 3.5 %

The firm has a market capitalization of £2.86 billion, a price-to-earnings ratio of 318.36, a price-to-earnings-growth ratio of -0.22 and a beta of 2.32. The business’s fifty day moving average is GBX 574.69 and its 200 day moving average is GBX 581.59. The company has a quick ratio of 0.29, a current ratio of 0.47 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.