Tuniu (NASDAQ:TOUR) Posts Earnings Results

Tuniu (NASDAQ:TOUR) posted its quarterly earnings data on Wednesday. The technology company reported $0.03 earnings per share for the quarter, Zacks reports. Tuniu had a net margin of 6.09% and a return on equity of 4.57%. The firm had revenue of $20.45 million for the quarter.

Tuniu Price Performance

Shares of NASDAQ TOUR opened at $4.96 on Tuesday. The stock has a market capitalization of $54.16 million, a P/E ratio of 8.13 and a beta of 0.42. Tuniu has a one year low of $4.53 and a one year high of $9.85. The firm’s 50 day simple moving average is $4.95 and its two-hundred day simple moving average is $5.97.

Hedge Funds Weigh In On Tuniu

A hedge fund recently bought a new position in Tuniu stock. Jane Street Group LLC purchased a new position in Tuniu Corporation (NASDAQ:TOUR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,564 shares of the technology company’s stock, valued at approximately $31,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Tuniu in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.