Tuniu (TOUR) Lowered to Sell at BidaskClub
BidaskClub lowered shares of Tuniu (NASDAQ:TOUR) from a hold rating to a sell rating in a research report sent to investors on Friday morning.
Shares of TOUR traded down $0.26 during mid-day trading on Friday, hitting $6.45. 70,928 shares of the company were exchanged, compared to its average volume of 61,373. Tuniu has a 1-year low of $5.81 and a 1-year high of $9.88.
Tuniu (NASDAQ:TOUR) last released its quarterly earnings results on Wednesday, August 29th. The technology company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. Tuniu had a negative net margin of 16.19% and a negative return on equity of 3.82%. The firm had revenue of $79.38 million during the quarter.
Tuniu Company Profile
Tuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa application services, financial services, and hotel booking services, as well as air, train, and bus ticketing and car rental services for leisure travelers.
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