StockNews.com downgraded shares of Tuniu (NASDAQ:TOUR - Free Report) from a strong-buy rating to a buy rating in a research note published on Saturday.
Tuniu Price Performance
NASDAQ TOUR remained flat at $1.15 during trading hours on Friday. The company's stock had a trading volume of 332,164 shares, compared to its average volume of 361,013. The company has a market capitalization of $142.42 million, a price-to-earnings ratio of -115,000.00 and a beta of 1.67. Tuniu has a fifty-two week low of $0.59 and a fifty-two week high of $1.76. The company's 50 day moving average is $1.05 and its 200 day moving average is $0.98.
Tuniu (NASDAQ:TOUR - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.03 EPS for the quarter. The company had revenue of $16.09 million during the quarter. Tuniu had a negative net margin of 7.75% and a positive return on equity of 9.17%.
Institutional Trading of Tuniu
A hedge fund recently raised its stake in Tuniu stock. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Tuniu Co. (NASDAQ:TOUR - Free Report) by 13.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 137,877 shares of the technology company's stock after purchasing an additional 16,248 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.11% of Tuniu worth $196,000 as of its most recent filing with the Securities & Exchange Commission.
About Tuniu
(
Get Free Report)
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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