By James Spence September 10, 2015 from Insider Trading Report

Qunar Cayman Islands Limited (NASDAQ:QUNR) should head towards $48.75 per share according to 4 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $44 per share. The higher price estimate target is at $55 according to the Analysts.

Qunar Cayman Islands Limited (NASDAQ:QUNR) has received a short term rating of hold from research analysts at Zacks with a rank of 3. The company has been rated an average of 1.4 by 5 Wall Street Analysts. 4 analysts have added the shares in their list of strong buys. 1 broker firms have advised hold.

Qunar Cayman Islands Limited has lost 4.96% in the last five trading days and dropped 31.03% in the last 4 weeks. Qunar Cayman Islands Limited has dropped 36.73% during the last 3-month period . Year-to-Date the stock performance stands at 7.74%.

Several analysts have commented on the company rating. Stifel Nicolaus upgrades their rating on the shares of Qunar Cayman Islands Limited (NASDAQ:QUNR). The current rating of the shares is Buy. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on August 28, 2015.

Qunar Cayman Islands Limited (NASDAQ:QUNR) witnessed a decline in the market cap on Wednesday as its shares dropped 2.36% or 0.74 points. After the session commenced at $31.59, the stock reached the higher end at $32.12 while it hit a low of $30.36. With the volume soaring to 987,098 shares, the last trade was called at $30.63. The company has a 52-week high of $54.23. The company has a market cap of $1,721 million and there are 56,173,000 shares in outstanding. The 52-week low of the share price is $23.56.

The company shares have rallied 5.55% from its 1 Year high price. On May 22, 2015, the shares registered one year high at $54.23 and the one year low was seen on Dec 9, 2014. The 50-Day Moving Average price is $37.71 and the 200 Day Moving Average price is recorded at $41.05.

Qunar Cayman Islands Limited is a search-based commerce platform for the travel industry in China. The Companys customers include travel service providers (TSPs) and display advertisers. The Companys platform is designed to facilitate and enhance convenience, data accuracy, and transaction security for its users. The Company is a technology-driven company. The Company maintains a dynamic data cache which is constantly verified and refreshed to ensure up-to-date, accurate and fast search results. The Companys platform also powers natural language fuzzy search, which permissible search parameters and optimizes search results by analyzing and organizing unstructured information from the Internet. The Company provides products and services for its users to search for travel products and promotions, plan itineraries and complete their travel purchases.

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James Spence
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