Launch of coverage of Tuniu (NASDAQ: TOUR) on StockNews.com

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StockNews.com equity research analysts assumed stock coverage of Tuniu (NASDAQ: TOUR – Get a rating) in a note released Sunday to investors. The company has set a “hold” rating on shares of the tech company.

TOUR stock opened at $1.30 on Friday. Tuniu has a 12-month low of $0.46 and a 12-month high of $2.36. The company has a market capitalization of $168.71 million, a PE ratio of -8.67 and a beta of 2.15. The company’s 50-day simple moving average is $0.58 and its 200-day simple moving average is $0.88. The company has a quick ratio of 1.49, a current ratio of 1.49 and a leverage ratio of 0.01.

Tuniu (NASDAQ:TOUR – Get Rating) last released its results on Thursday, June 9. The technology company reported ($0.05) earnings per share for the quarter. Tuniu had a negative return on equity of 8.45% and a negative net margin of 31.54%. The company had revenue of $6.54 million for the quarter.

About Tunisia (Get a rating)

Tuniu Corporation is an online leisure travel company in China. The company offers various organized 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 reservation services, and air ticketing , train and bus for leisure travellers.

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