StockNews.com initiated coverage on shares of Tuniu (NASDAQ:TOUR – Free Report) in a research note published on Saturday morning. The brokerage issued a buy rating on the technology company’s stock.
Tuniu Stock Performance
Shares of NASDAQ TOUR opened at $0.82 on Friday. The firm has a market cap of $101.52 million, a P/E ratio of -13.66 and a beta of 1.60. Tuniu has a 1 year low of $0.59 and a 1 year high of $1.28. The firm’s 50 day moving average price is $0.85 and its 200 day moving average price is $0.88.
Tuniu (NASDAQ:TOUR – Get Free Report) last released its earnings results on Tuesday, August 6th. The technology company reported $0.03 EPS for the quarter. Tuniu had a positive return on equity of 9.17% and a negative net margin of 7.75%. The firm had revenue of $16.09 million during the quarter.
Tuniu Company Profile
Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.
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