Tuniu Corp. (TOUR) Stock Price Down 3.6%
Shares of Tuniu Corp. (NASDAQ:TOUR) traded down 3.6% during trading on Wednesday . The stock traded as low as $9.12 and last traded at $9.16, with a volume of 139,135 shares changing hands. The stock had previously closed at $9.50.
Several analysts recently commented on the company. Zacks Investment Research cut Tuniu Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, August 16th. Deutsche Bank AG assumed coverage on Tuniu Corp. in a report on Friday, May 20th. They issued a “buy” rating and a $11.00 target price on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $14.13.
The stock’s 50-day moving average is $9.08 and its 200 day moving average is $9.67. The firm’s market cap is $878.30 million.
Tuniu Corp. (NASDAQ:TOUR) last released its quarterly earnings results on Tuesday, August 23rd. The company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of ($0.64) by $0.26. During the same quarter in the prior year, the firm posted ($3.20) earnings per share. The business earned $355.50 million during the quarter, compared to analysts’ expectations of $374.99 million. The firm’s quarterly revenue was up 55.8% on a year-over-year basis. On average, equities research analysts anticipate that Tuniu Corp. will post ($2.39) EPS for the current year.
Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.
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