Looking to retest all time highs: Priceline.com

by Josh After hitting a new all time high back in May, shared of priceline.com have been consolidating between $785 and $823 per share. Today priceline.com is breaking above that range trading at $837.21 on a volume of 360,822 shares halfway through today’s trading session. With the consolidation resolving to the upside, the next major resistance for the online travel company should be back at $847 the previous high set back in May.

Shares are well extended, trading 23% above the 200 day moving average and 9% above the 50 day moving average. Notable peers this year include Orbitz, OWW whose shares are up 80% in 2013 compared to a 25% return for priceline.com

52 Week Range $553.42-$847.33 Market Cap 41,856,330,243 Average Volume 720,667 Dividend Yield 0.00% Institutional Ownership 96.20% Insider Ownership: 2.60% Percentage of Float Short 5.10% Beta 1.24

Priceline.com, Inc is the online travel Company which offers its customers a range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services.

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