StockNews.com Initiates Coverage on Tuniu (NASDAQ:TOUR)

Investment analysts at StockNews.com assumed coverage on shares of Tuniu (NASDAQ:TOURGet Free Report) in a report issued on Monday. The brokerage set a “buy” rating on the technology company’s stock.

Tuniu Stock Performance

NASDAQ TOUR opened at $1.27 on Monday. The business’s fifty day moving average is $0.91 and its 200 day moving average is $0.91. The company has a market capitalization of $157.28 million, a PE ratio of -21.16 and a beta of 1.64. Tuniu has a fifty-two week low of $0.59 and a fifty-two week high of $1.76.

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

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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