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

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

Tuniu Price Performance

NASDAQ TOUR opened at $1.16 on Wednesday. Tuniu has a 12 month low of $0.59 and a 12 month high of $1.76. The company has a market capitalization of $143.65 million, a P/E ratio of -19.33 and a beta of 1.64. The company’s 50 day simple moving average is $0.99 and its 200 day simple moving average is $0.95.

Tuniu (NASDAQ:TOURGet Free Report) last posted 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 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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