In yesterday’s Wall Street session, Tuniu Corporation (NASDAQ:TOUR) shares traded at $2.39, up 35.80% from the previous session.
1 analysts cover Tuniu Corporation (NASDAQ:TOUR), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $7.06 and a low of $7.06, we find $7.06. Given the previous closing price of $1.76, this indicates a potential upside of 301.14 percent. TOUR stock price is now 184.70% away from the 50-day moving average and 191.46% away from the 200-day moving average. The market capitalization of the company currently stands at $255.18M.
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The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $7.06 as their price target over the next twelve months.
On October 11, 2017, Credit Suisse recently initiated its ‘Outperform’ rating on the stock quoting a target price of $11, while ‘Morgan Stanley’ rates the stock as ‘Overweight’.
There have been several recent changes in the stakes of large investors in TOUR stock. A new stake in Tuniu Corporation shares was purchased by CANTOR FITZGERALD, L. P. during the first quarter worth $585,000. TWO SIGMA INVESTMENTS, LP invested $27,000 in shares of TOUR during the first quarter. In the first quarter, GROUP ONE TRADING, L.P. acquired a new stake in Tuniu Corporation valued at approximately $3,000. ROYAL BANK OF CANADA acquired a new stake in TOUR for approximately $1,000. In total, there are 19 active investors with 30.20% ownership of the company’s stock.
On Thursday morning Tuniu Corporation (NASDAQ: TOUR) stock kicked off with the opening price of $1.9200. During the past 12 months, Tuniu Corporation has had a low of $0.46 and a high of $1.80. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.40, and a quick ratio of 1.40. The fifty day moving average price for TOUR is $0.8394 and a two-hundred day moving average price translates $0.8200 for the stock.
The latest earnings results from Tuniu Corporation (NASDAQ: TOUR) was released for Jun, 2022. According to the Travel Services Company, earnings per share came in at -$0.34, missing analysts’ expectations of -$0.1 by -0.24. This compares to -$0.05 EPS in the same period last year. The net profit margin was -83.70% and return on equity was -18.80% for TOUR. The company reported revenue of $10.95 million for the quarter, compared to $17.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -38.47 percent. For the current quarter, analysts expect TOUR to generate $24.95M in revenue.
Tuniu Corporation(TOUR) Company Profile
Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged 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 booking services, as well as air, train, and bus ticketing for leisure travelers. It also provides car rental and insurance services, as well as advertising services to tourism boards and bureaus. The company offers its products and services through various online and offline channels comprising tuniu.com website; mobile platform; a call center in Nanjing; and other offline retail stores in China. Tuniu Corporation was founded in 2006 and is headquartered in Nanjing, the People’s Republic of China.
