eLong Sets New 1-Year High at $21.00 (LONG)
eLong (NASDAQ:LONG) set a new 52-week high on Wednesday, ARN reports. The company traded as high as $21.00 and last traded at $20.69, with a volume of 190,983 shares. The stock had previously closed at $18.05.
Separately, analysts at Brean Capital raised their price target on shares of eLong (NASDAQ:LONG) from $18.00 to $24.00 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock.
eLong has a 52 week low of $12.69 and a 52 week high of $18.70. The stock has a 50-day moving average of $16.25 and a 200-day moving average of $15.01. The company’s market cap is $752.5 million.
eLong (NASDAQ:LONG) last announced its earnings results on Wednesday, August 14th. The company reported $0.00 EPS for the quarter. Analysts expect that eLong will post $-0.27 EPS for the current fiscal year.
eLong, Inc is a online travel service provider in China. The Company utilizes centralized modern call center and Web-based distribution technologies to provide its services.
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