Tuniu (NASDAQ:TOWER) coverage launched on StockNews.com


StockNews.com launched coverage on the shares of Tuniu (NASDAQ: TOUR – Get a rating) in a research report published on Monday. The company has set a “hold” rating on shares of the tech company.

NASDAQ:TURN opened at $0.51 on Monday. The stock has a 50-day simple moving average of $0.79 and a 200-day simple moving average of $1.01. The stock has a market capitalization of $66.78 million, a P/E ratio of -3.43 and a beta of 2.14. Tuniu has a 1-year minimum of $0.46 and a 1-year maximum of $3.07. The company has a debt ratio of 0.01, a quick ratio of 1.51 and a current ratio of 1.51.

Tuniu (NASDAQ:TOUR – Get Rating) last released its quarterly earnings data on Thursday, March 17. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $11.52 million for the quarter. Tuniu had a negative return on equity of 8.07% and a negative net margin of 28.49%.

Institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Tuniu during Q4, valued at approximately $43,000. MARSHALL WACE ASIA Ltd acquired a new stake in Tuniu during Q3 worth approximately $115,000. Bank of America Corp DE bought a new stake in Tuniu during Q4, valued at around $485,000. Renaissance Technologies LLC increased its stake in Tuniu by 40.7% during the 4th quarter. Renaissance Technologies LLC now owns 679,799 shares of the technology company valued at $659,000 after acquiring an additional 196,523 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in Tuniu during the 4th quarter valued at approximately $1,403,000. 8.91% of the shares are held by hedge funds and other institutional investors.

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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