TUI (OTCMKTS:TUIFF) Trading Down 15.8% – Here’s Why

TUI AG (OTCMKTS:TUIFF) dropped 15.8% on Wednesday . The company traded as low as $9.26 and last traded at $9.26. Approximately 700 shares were traded during trading, a decline of 28% from the average daily volume of 971 shares. The stock had previously closed at $11.00.

Wall Street Analyst Weigh In

A number of analysts have commented on TUIFF shares. Citigroup reaffirmed a “neutral” rating on shares of TUI in a research report on Friday, January 16th. Morgan Stanley restated an “overweight” rating on shares of TUI in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, TUI presently has a consensus rating of “Moderate Buy”.

TUI Trading Down 15.8%

The stock’s 50-day moving average price is $10.53 and its 200-day moving average price is $9.75.

About TUI

TUI Group (OTCMKTS: TUIFF) is a leading integrated tourism company headquartered in Hanover, Germany. The firm specializes in providing comprehensive travel and holiday experiences that span tour operations, accommodation, transportation, and on-site services. TUI’s portfolio encompasses branded airlines, cruise ships, hotels, resorts, and retail travel agencies, positioning it as one of the largest tourism businesses globally.

Originally founded in 1923 as Preussag AG, the company shifted its focus from mining and industrial activities to tourism in the late 1990s.