Tuniu Co. (NASDAQ:TOUR - Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 386,200 shares, a growth of 132.4% from the September 30th total of 166,200 shares. Approximately 0.3% of the company's stock are sold short. Based on an average daily volume of 556,400 shares, the days-to-cover ratio is currently 0.7 days.
TOUR stock traded up $0.06 during trading on Friday, reaching $1.16. 226,214 shares of the stock were exchanged, compared to its average volume of 366,863. The stock has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $0.95. The company has a market capitalization of $143.65 million, a P/E ratio of -19.33 and a beta of 1.64. Tuniu has a twelve month low of $0.59 and a twelve month high of $1.76.
Tuniu (NASDAQ:TOUR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.03 earnings per share for the quarter. The business had revenue of $16.09 million for the quarter. Tuniu had a positive return on equity of 9.17% and a negative net margin of 7.75%.
Separately, StockNews.com initiated coverage on shares of Tuniu in a report on Wednesday. They issued a "buy" rating on the stock.
View Our Latest Stock Report on Tuniu
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.
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