TUI (OTCMKTS:TUIFF) Shares Down 13.2% – Time to Sell?

TUI AG (OTCMKTS:TUIFF)’s stock price traded down 13.2% on Monday. The stock traded as low as $7.10 and last traded at $7.10. 375 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 931 shares. The stock had previously closed at $8.1780.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “neutral” rating on shares of TUI in a research note on Monday, August 17th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

TUI Stock Down 13.2%

The company has a 50 day simple moving average of $8.07 and a 200-day simple moving average of $8.01.

TUI Company Profile

TUI AG is a Germany-based tourism group that provides package holidays, flights, hotel accommodations, cruises and related travel services. Its integrated business model combines travel distribution with airlines, hotels and cruise operations, allowing the company to offer vacation packages through its websites, retail agencies and partner channels.

The company’s holiday activities include hotel and resort brands such as TUI Blue, Robinson, TUI Magic Life and RIU, in which TUI holds a significant ownership interest.