Tuniu (NASDAQ:TOUR) Announces Earnings Results

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

Tuniu Price Performance

Shares of TOUR stock opened at $5.61 on Friday. The company has a market cap of $61.27 million, a price-to-earnings ratio of 11.22 and a beta of 0.37. The stock has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $6.80. Tuniu has a 1-year low of $5.45 and a 1-year high of $10.10.

Tuniu Announces Dividend

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Tuniu stock. Jane Street Group LLC purchased a new position in shares of Tuniu Corporation (NASDAQ:TOUR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 50,564 shares of the technology company’s stock, valued at approximately $31,000.

Analysts Set New Price Targets

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

About Tuniu

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.