Tuniu (TOUR) Releases Earnings Results
Tuniu (NASDAQ:TOUR) issued its earnings results on Thursday. The technology company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.29, Morningstar.com reports. Tuniu had a negative net margin of 8.45% and a positive return on equity of 0.70%.
Shares of NASDAQ:TOUR opened at $3.50 on Friday. The firm has a market cap of $515.96 million, a price-to-earnings ratio of 132.67 and a beta of 1.30. Tuniu has a 12-month low of $3.33 and a 12-month high of $8.65.
Several large investors have recently modified their holdings of TOUR. Barclays PLC raised its holdings in shares of Tuniu by 335.5% during the 4th quarter. Barclays PLC now owns 5,509 shares of the technology company’s stock valued at $27,000 after purchasing an additional 4,244 shares in the last quarter. Segantii Capital Management Ltd bought a new position in shares of Tuniu during the 1st quarter valued at $39,000. US Bancorp DE raised its holdings in shares of Tuniu by 30.7% during the 1st quarter. US Bancorp DE now owns 12,416 shares of the technology company’s stock valued at $60,000 after purchasing an additional 2,918 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Tuniu by 19.9% during the 1st quarter. Northern Trust Corp now owns 34,616 shares of the technology company’s stock valued at $166,000 after purchasing an additional 5,752 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in shares of Tuniu during the 4th quarter valued at $252,000. 14.67% of the stock is owned by institutional investors.
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Tuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, 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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