Tuniu (NASDAQ:TOUR) Issues Earnings Results

Tuniu (NASDAQ:TOUR) issued its earnings results on Tuesday. The technology company reported $0.03 EPS for the quarter, Zacks reports. Tuniu had a return on equity of 4.57% and a net margin of 6.09%.The business had revenue of $20.45 million during the quarter.

Tuniu Trading Up 1.2%

Tuniu stock opened at $4.96 on Tuesday. Tuniu has a 1-year low of $4.53 and a 1-year high of $9.85. The firm has a market capitalization of $54.16 million, a price-to-earnings ratio of 8.13 and a beta of 0.42. The firm’s fifty day moving average price is $4.95 and its two-hundred day moving average price is $5.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Tuniu in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On Tuniu

An institutional investor recently raised its stake in Tuniu stock. Acadian Asset Management LLC raised its stake in shares of Tuniu Corporation (NASDAQ:TOUR) by 123.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 103,781 shares of the technology company’s stock after purchasing an additional 57,358 shares during the period. Acadian Asset Management LLC owned approximately 0.09% of Tuniu worth $112,000 as of its most recent SEC filing.

About Tuniu

Tuniu International Limited is a China-based online leisure travel company that operates a comprehensive travel services platform under the brand name Tuniu (NASDAQ: TOUR). Headquartered in Nanjing, the company was founded in 2006 and was incorporated in the Cayman Islands in May 2010. Tuniu completed its initial public offering on the Nasdaq Stock Market in December 2014, positioning itself to expand its suite of digital travel offerings and strengthen its strategic partnerships with suppliers and local agencies.

The company’s flagship platform, tuniu.com, provides a broad array of travel products and services, including packaged group tours, customized private tours, independent travel solutions, corporate travel management, hotel and resort bookings, air ticketing, cruise vacations and car rentals.