The stock of Tuniu Corp (NASDAQ:TOUR) is a huge mover today! The stock decreased 3.16% or $0.33 during the last trading session, hitting $10.12. About 261,175 shares traded hands. Tuniu Corp (NASDAQ:TOUR) has declined 4.17% since February 29, 2016 and is downtrending. It has underperformed by 14.59% the S&P500.
The move comes after 5 months negative chart setup for the $1.26 billion company. It was reported on Oct, 1 by Barchart.com. We have $9.51 PT which if reached, will make NASDAQ:TOUR worth $75.60 million less.
Tuniu Corp (NASDAQ:TOUR) Ratings Coverage
Out of 2 analysts covering Tuniu (NASDAQ:TOUR), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Tuniu has been the topic of 3 analyst reports since December 8, 2015 according to StockzIntelligence Inc. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, April 26. The firm has “Overweight” rating given on Tuesday, December 8 by Morgan Stanley. The firm earned “Buy” rating on Friday, May 20 by Deutsche Bank.
According to Zacks Investment Research, “Tuniu Corporation operates as an online leisure travel company in China. The Company provides packaged tours, organized tours, self-guided tours and other travel related products and services. Its online platform consists of its tuniu.com Website and mobile platform. Tuniu Corporation is headquartered in Nanjing, the People’s Republic of China.”
Another recent and important Tuniu Corp (NASDAQ:TOUR) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on November 09, 2013.
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