Expedia Inc., — Breaking a Multi-Month Downtrend

by Gary Expedia Inc ($EXPE) averages are at $72.27 (21 day SMA), $71.57 (50 day SMA), $64.78 (200 day SMA). Over the past 52 weeks EXPE has traded from a low of $45.69 to a high of $81.78. EXPE was last at $76.17 on a volume of 688,291. Average daily volume has been at 2,298,437.

52 Week Range $45.69-$81.78 Market Cap 8,915,780,540 Average Volume 2,298,437 Dividend Yield 0.80% Institutional Ownership 88.90% Insider Ownership: 4.30% Percentage of Float Short 7.00% Beta 1.16

Expedia (EXPE) has been trending lower since peaking in February. However, during April and May, the stock consolidated along $68 and started pushing against the 50-day moving average. Back on May 27th, the stock broke above the 50-day moving average on higher than average volume. Technical traders might wish to buy the stock now, and keep a stop back below $72, which is where the 50-day moving average is right now.

Expedia, Inc., is an online travel company. It makes travel products and services available from a variety of hotel companies, large and small commercial airlines, car rental companies, cruise lines and destination service providers.

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