Use priceline to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals
1 Month Beta ..........
1.58
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, priceline will likely underperform.
Jeffery Boyd CEO and President Member of Group Management Board, Director, CEO of Lowestfare.com and Director of Lowestfare.com
Christopher Soder Member of Group Management Board and CEO of North America
Kees Koolen Member of Group Management Board and Chairman of Booking.Com B.V
priceline Price and Market Media
The median price of priceline for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 675.39 with a coefficient of variation of 6.42. The daily time series for the period is distributed with a sample standard deviation of 44.63, arithmetic mean of 694.77, and mean deviation of 40.44. The Stock received substential amount of media coverage during this period.
priceline.com Incorporated [PCLN] is traded on American Stock Exchange in USA. It is located in Norwalk, CT and employs 5,700 people. The company currently falls under 'Large-Cap' category with current market capitalization of 32.51 B. priceline.com Incorporated conducts business under Services sector and is part of General Entertainment industry. This company has 49.79 M outstanding shares of which 2.87 M shares are at this time shorted by private and institutional investors with about 2.0 trading days to cover.
priceline Liquidity
PRICELINE.COM INC currently holds about 3.62 B in cash with 1.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 72.68.
The company currently holds 1.44 B in liabilities with Debt to Equity (D/E) ratio of 0.52 which is about averege as compared to similar companies. priceline.com Incorporated has Current Ratio of 3.19 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.