The stock of Tuniu Corp (NASDAQ:TOUR) is a huge mover today! About 109,815 shares traded hands. Tuniu Corp (NASDAQ:TOUR) has declined 25.06% since April 14, 2016 and is downtrending. It has underperformed by 29.75% the S&P500.
The move comes after 6 months positive chart setup for the $1.17 billion company. It was reported on Nov, 16 by Barchart.com. We have $13.64 PT which if reached, will make NASDAQ:TOUR worth $585.00 million more.
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 firm has “Buy” rating by Deutsche Bank given on Friday, May 20. The stock has “Overweight” rating given by Morgan Stanley on Tuesday, December 8. Morgan Stanley downgraded the shares of TOUR in a report on Tuesday, April 26 to “Equal-Weight” rating.
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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