Tuniu (NASDAQ:TOUR) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Tuniu (NASDAQ:TOURFree Report) in a research report report published on Wednesday. The brokerage issued a buy rating on the technology company’s stock.

Tuniu Trading Up 5.5 %

TOUR opened at $1.16 on Wednesday. The business’s 50 day moving average is $0.99 and its 200-day moving average is $0.95. The stock has a market cap of $143.65 million, a PE ratio of -19.33 and a beta of 1.64. Tuniu has a twelve month low of $0.59 and a twelve month high of $1.76.

Tuniu (NASDAQ:TOURGet Free Report) last announced its earnings results on Tuesday, August 6th. The technology company reported $0.03 earnings per share 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 for the quarter.

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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