TUI (LON:TUI) Share Price Crosses Below 50 Day Moving Average of $572.53

TUI AG (LON:TUI) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 572.53 ($7.24) and traded as low as GBX 563.50 ($7.13). TUI shares last traded at GBX 563.50 ($7.13), with a volume of 265,195 shares trading hands.

Analysts Set New Price Targets

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

TUI Stock Down 3.5 %

The company has a debt-to-equity ratio of 383.92, a current ratio of 0.47 and a quick ratio of 0.29. The firm has a market capitalization of £2.86 billion, a P/E ratio of 318.36, a PEG ratio of -0.22 and a beta of 2.32. The firm’s fifty day moving average price is GBX 571.65 and its 200-day moving average price is GBX 579.45.

TUI Company Profile

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.