Tuniu (NASDAQ:TOUR) Issues Quarterly Earnings Results

Tuniu (NASDAQ:TOURGet Free Report) issued its quarterly earnings results on Friday. The technology company reported $0.04 earnings per share for the quarter, Zacks reports. The business had revenue of $19.23 million during the quarter. Tuniu had a return on equity of 4.41% and a net margin of 5.40%.

Tuniu Trading Up 1.8%

Shares of NASDAQ:TOUR opened at $5.61 on Friday. Tuniu has a 12-month low of $5.45 and a 12-month high of $10.10. The company has a market capitalization of $61.27 million, a PE ratio of 11.22 and a beta of 0.37. The business has a 50 day moving average of $6.63 and a two-hundred day moving average of $6.80.

Tuniu Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were issued a $1.197 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a yield of 1,897.0%. Tuniu’s payout ratio is presently 234.00%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Tuniu from a “sell (e+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Read Our Latest Stock Analysis on TOUR

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Tuniu stock. Acadian Asset Management LLC raised its stake in Tuniu Corporation (NASDAQ:TOURFree Report) by 123.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,781 shares of the technology company’s stock after acquiring an additional 57,358 shares during the quarter. Acadian Asset Management LLC owned approximately 0.09% of Tuniu worth $112,000 at the end of the most recent reporting period.

About Tuniu

(Get Free Report)

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.

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Earnings History for Tuniu (NASDAQ:TOUR)

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