StockNews.com began covering stocks of Tuniu (NASDAQ: TOUR – Get a rating) in a note released Sunday to investors. The company has set a “hold” rating on shares of the tech company.
Shares of NASDAQ:TURN opened at $0.58 on Friday. The stock has a market capitalization of $75.30 million, a price-earnings ratio of -3.87 and a beta of 2.14. Tuniu has a 1 year minimum of $0.57 and a 1 year maximum of $3.07. The company has a debt ratio of 0.01, a quick ratio of 1.45 and a current ratio of 1.51. The company has a 50-day moving average price of $0.84 and a 200-day moving average price of $1.04.
Tuniu (NASDAQ:TOUR – Get Rating) last released its results on Thursday, March 17. The technology company reported ($0.03) earnings per share for the quarter. The company had revenue of $11.52 million for the quarter. Tuniu had a negative return on equity of 8.07% and a negative net margin of 28.49%.
Large investors have recently changed their stock holdings. Virtu Financial LLC purchased a new stake in Tuniu during the fourth quarter worth approximately $43,000. MARSHALL WACE ASIA Ltd acquired a new position in Tuniu in Q3 worth approximately $115,000. Bank of America Corp DE acquired a new position in Tuniu in Q4 worth approximately $485,000. Renaissance Technologies LLC increased its stake in Tuniu by 40.7% in the 4th quarter. Renaissance Technologies LLC now owns 679,799 shares of the technology company worth $659,000 after purchasing an additional 196,523 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in Tuniu in Q4 worth approximately $1,403,000. Hedge funds and other institutional investors own 8.91% of the company’s shares.
About Tunisia (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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