TUI (OTCMKTS:TUIFF) Stock Price Down 15.8% – Here’s What Happened

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Citigroup restated a “neutral” rating on shares of TUI in a research note on Friday, January 16th. Morgan Stanley reiterated an “overweight” rating on shares of TUI in a report on Thursday, December 11th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

TUI Trading Down 15.8%

The company has a fifty day moving average of $10.53 and a 200-day moving average of $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.