Booking Holdings (BKNG) Stock Sees 3.24% Decline on October 13, 2023
Booking Holdings (NASDAQ: BKNG) saw its stock price drop by 3.24% to $2,950.08 on October 13, 2023, with a market capitalization of approximately $105.29 billion, and a moderate P/E ratio of 25.47, reflecting its presence in the tech-heavy NASDAQ market.
by Rajesh
Updated Oct 14, 2023
Booking Holdings Stock Decline on October 13, 2023
Booking Holdings (NASDAQ: BKNG) is a prominent player in the global online travel and travel technology industry. The company operates an array of well-known online travel brands, including Booking.com, Priceline, Kayak, Agoda, and OpenTable. In this stock analysis, we will delve into various aspects of Booking Holdings Inc., examining its financial performance, market positioning, and key metrics.
Booking Holdings stock price as of October 13th, 2023, stood at $2,950.08, with a day's decline of $98.92, translating to a 3.24% drop. After the regular trading hours, the stock maintained the same price in after-hours trading, marking a 0.00% change. This stock price movement is indicative of the fluctuations inherent in the equity market.
The 52-week high and low for BKNG shares were $3,251.71 and $1,667.25, respectively. This range illustrates the stock's price volatility over the past year. The market capitalization of Booking Holdings Inc. is substantial, at approximately $105.29 billion, reflecting its significant presence in the travel and hospitality industry.
The price-to-earnings (P/E) ratio, an important valuation metric, is calculated at 25.47 for BKNG. This ratio indicates how much investors are willing to pay for each dollar of earnings generated by the company. A P/E ratio of 25.47 suggests that investors are valuing the company at 25.47 times its earnings, which is considered a moderate valuation.
Booking Holdings Inc. is listed on the NASDAQ stock exchange, indicating its presence in the tech-heavy and innovative sector of the market. The company's average trading volume is 237.70K shares, reflecting the level of investor interest and liquidity in the stock.
Key Bullet Points
- Stock Price (Oct 13, 2023): $2,950.08
- Day's Price Change: -3.24% ($98.92 decline)
- After-Hours Price: $2,950.08(0.00% change)
- 52-Week High/Low: $3,251.71 - $1,667.25
- Market Capitalization: $105.29 billion
- P/E Ratio: 25.47
- Primary Exchange: NASDAQ