Tuniu Corporation (TOUR) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Media coverage about Tuniu Corporation (NASDAQ:TOUR) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tuniu Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.2700442963185 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Tuniu Corporation (NASDAQ:TOUR) traded up $0.31 during trading hours on Friday, hitting $7.28. 562,118 shares of the company’s stock were exchanged, compared to its average volume of 162,538. Tuniu Corporation has a 1-year low of $6.69 and a 1-year high of $9.60.
Tuniu Corporation (NASDAQ:TOUR) last released its quarterly earnings results on Wednesday, August 16th. The technology company reported ($0.25) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.25). The business had revenue of $460.10 million during the quarter, compared to the consensus estimate of $455.05 million. Tuniu Corporation had a negative return on equity of 34.20% and a negative net margin of 23.64%. The company’s quarterly revenue was up 51.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($6.06) EPS.
TOUR has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on shares of Tuniu Corporation in a research note on Tuesday, October 10th. They set an “outperform” rating and a $11.00 target price for the company. BidaskClub cut shares of Tuniu Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th.
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About Tuniu Corporation
Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.
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