Tuniu (TOUR) set to announce its quarterly results on Thursday
Tuniu (NASDAQ:TOUR – Get Rating) is expected to announce its results before the market opens on Thursday, June 9. Tuniu has set its forecast for the first quarter of 2022 to EPS.
Tuniu (NASDAQ:TOUR – Get Rating) last reported quarterly earnings data on Thursday, March 17. The technology company reported ($0.03) earnings per share for the quarter. The company had revenue of $11.52 million in the quarter. Tuniu had a negative net margin of 28.49% and a negative return on equity of 8.07%.
Shares of Tuniu traded down $0.03 during Friday’s trading, hitting $0.55. The stock had a trading volume of 1,200 shares, compared to an average volume of 114,890. The company has a leverage ratio of 0.01, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $71.44 million, a P/E ratio of -3.75 and a beta of 2.15. The company has a fifty-day moving average of $0.68 and a two-hundred-day moving average of $0.94. Tuniu has a fifty-two week low of $0.46 and a fifty-two week high of $3.07.
Separately, StockNews.com began covering Tuniu in a report on Wednesday. They set a “holding” rating for the company.
Several hedge funds and other institutional investors have recently changed their positions in TOUR. Goldman Sachs Group Inc. bought a new stake in shares of Tuniu during the fourth quarter at a value of $1,403,000. Bank of America Corp DE bought a new equity stake in Tuniu during the fourth quarter worth $485,000. Renaissance Technologies LLC increased its holdings of Tuniu shares by 40.7% during the fourth quarter. Renaissance Technologies LLC now owns 679,799 shares of the technology company valued at $659,000 after purchasing an additional 196,523 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Tuniu during the fourth quarter at a value of $43,000. Finally, Morgan Stanley increased its stake in Tuniu by 0.9% in the 2nd quarter. Morgan Stanley now owns 3,151,425 shares of the technology company worth $7,500,000 after acquiring 28,338 more shares last quarter. 8.91% of the shares are held by institutional investors and hedge funds.
Tuniu company profile (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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