TUI (LON:TUI) Stock Price Down 3.5% – Here’s Why

Shares of TUI AG (LON:TUI) were down 3.5% during mid-day trading on Wednesday . The stock traded as low as GBX 563.50 ($7.19) and last traded at GBX 563.50 ($7.19). Approximately 265,195 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,051,796 shares. The stock had previously closed at GBX 584 ($7.45).

TUI Stock Down 3.5 %

The company has a debt-to-equity ratio of 383.92, a current ratio of 0.47 and a quick ratio of 0.29. The business has a 50-day moving average of GBX 563.50 and a 200 day moving average of GBX 565.78. The company has a market capitalization of £2.86 billion, a PE ratio of 318.36, a P/E/G ratio of -0.22 and a beta of 2.32.

TUI Company Profile

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Royalton, Mora, RIU Hotels & Resorts, Robinson, TUI Blue, TUI Magic Life, Atlantica Hotels & Resorts, Grupotel, Iberotel, Akra Hotels, TUI Suneo, and AQI brands. The company is also involved in the tour operation and airlines businesses.