Promising Leisure Stocks To Keep An Eye On – June 18th

MakeMyTrip, Airbnb, and Trip.com Group are the three Leisure stocks to watch today, according to MarketBeat’s stock screener tool. Leisure stocks are shares of companies that provide discretionary goods and services for entertainment, travel and recreation—such as hotels, cruise lines, restaurants, amusement parks, casinos and sports‐equipment manufacturers. Their performance tends to correlate closely with consumer disposable income and spending on nonessential activities. As cyclical equities, leisure stocks often outperform in periods of economic growth and may lag or become more volatile during downturns. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

MakeMyTrip (MMYT)

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.

MMYT traded up $3.27 during trading on Wednesday, hitting $94.76. 8,838,043 shares of the stock traded hands, compared to its average volume of 912,142. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.85 and a quick ratio of 1.85. MakeMyTrip has a twelve month low of $76.95 and a twelve month high of $123.00. The company has a market cap of $10.40 billion, a price-to-earnings ratio of 114.20 and a beta of 0.88. The business has a 50 day moving average price of $102.66 and a 200 day moving average price of $104.53.

Airbnb (ABNB)

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.

Shares of NASDAQ ABNB traded down $0.19 during midday trading on Wednesday, reaching $133.18. 1,505,238 shares of the company were exchanged, compared to its average volume of 5,515,319. The stock has a market cap of $83.43 billion, a P/E ratio of 33.63, a PEG ratio of 2.57 and a beta of 1.14. Airbnb has a one year low of $99.88 and a one year high of $163.93. The stock’s 50-day moving average price is $127.18 and its 200-day moving average price is $130.70.

Trip.com Group (TCOM)

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.

NASDAQ TCOM traded down $3.47 during trading hours on Wednesday, reaching $57.20. The company’s stock had a trading volume of 3,313,479 shares, compared to its average volume of 3,918,694. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.46. Trip.com Group has a 52 week low of $38.23 and a 52 week high of $77.18. The stock has a market cap of $37.37 billion, a P/E ratio of 16.58, a P/E/G ratio of 2.80 and a beta of 0.09. The firm has a fifty day simple moving average of $60.58 and a 200-day simple moving average of $64.23.