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

Stock analysts at StockNews.com assumed coverage on shares of Tuniu (NASDAQ:TOURGet Free Report) in a research note issued on Sunday. The firm set a “buy” rating on the technology company’s stock.

Tuniu Stock Up 10.0 %

TOUR opened at $1.00 on Friday. Tuniu has a 12-month low of $0.59 and a 12-month high of $1.28. The firm has a market capitalization of $123.84 million, a P/E ratio of -16.66 and a beta of 1.60. The stock has a fifty day moving average of $0.85 and a 200-day moving average of $0.88.

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

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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