Tuniu (NASDAQ:TOUR) Receives New Coverage from Analysts at StockNews.com

by · The Markets Daily

StockNews.com initiated coverage on shares of Tuniu (NASDAQ:TOURFree Report) in a research note released on Saturday morning. The firm issued a buy rating on the technology company’s stock.

Tuniu Stock Performance

Tuniu stock opened at $0.84 on Friday. The firm’s 50-day moving average is $0.84 and its 200-day moving average is $0.88. Tuniu has a 1 year low of $0.59 and a 1 year high of $1.28. The company has a market cap of $103.41 million, a P/E ratio of -13.92 and a beta of 1.60.

Tuniu (NASDAQ:TOURGet Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.03 earnings per share for the quarter. The firm had revenue of $16.09 million for the quarter. Tuniu had a negative net margin of 7.75% and a positive return on equity of 9.17%.

Tuniu Company Profile

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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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