Tuniu (NASDAQ:TOUR) Shares Cross Below Two Hundred Day Moving Average of $0.88

Tuniu Co. (NASDAQ:TOURGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.88 and traded as low as $0.80. Tuniu shares last traded at $0.82, with a volume of 18,733 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Tuniu in a report on Saturday. They set a “buy” rating on the stock.

Get Our Latest Stock Analysis on TOUR

Tuniu Stock Down 0.7 %

The firm has a market cap of $101.52 million, a price-to-earnings ratio of -13.66 and a beta of 1.60. The stock’s 50 day moving average is $0.85 and its 200 day moving average is $0.88.

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