Tuniu (NASDAQ:TOUR) Rating Increased to Buy at StockNews.com

Tuniu (NASDAQ:TOUR) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

Tuniu Price Performance

NASDAQ TOUR traded down $0.05 during mid-day trading on Wednesday, hitting $1.06. The company’s stock had a trading volume of 285,256 shares, compared to its average volume of 330,427. Tuniu has a 52-week low of $0.59 and a 52-week high of $1.83. The stock’s fifty day simple moving average is $0.91 and its two-hundred day simple moving average is $0.78. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.01.

Tuniu (NASDAQ:TOUR) last posted its quarterly earnings data on Wednesday, March 13th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $14.08 million for the quarter. Tuniu had a negative net margin of 23.04% and a positive return on equity of 4.93%.

Tuniu 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.