Tuniu Corporation (NASDAQ:TOUR) shares, dropped in value on Thursday, Jan 14, with the stock price down by -7.26% to the previous day’s close as weak demand from buyers trailed the stock to $2.06.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.22, falling within a range of $1.9900 and $2.3000. The value of beta (5-year monthly) is 2.49 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $4.51, and the low was $0.73. On the whole, TOUR has fluctuated by 11.56% over the past month.
Analysts have estimated the company’s revenue for the quarter at $24.95 Million, with a low estimate of $66.71 Million and a high estimate of $66.71 Million. According to the average forecast, sales growth in current quarter could fell down -61.1%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $171.79 Million, representing a decline of -46.7% from the revenues reported in the last year’s results.
We see that TOUR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 1 analyst(s), no one recommend it as a Buy and no body called the TOUR stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Hold.
A comparison of Tuniu Corporation (TOUR) with its peers suggests the former has fared considerably weaker in the market. TOUR showed an intraday change of -7.26% in today’s session so far, and over the past year, it dropped by -6.72%. In comparison, Relx Plc (RELX) has moved higher at +0.8% today and is down -3.23% over the past 12 months. On the other hand, the price of Tencent Music Entertainment Group ADR (TME) has risen 1.84% today. The stock, however, is off 53.93% from where it was a year ago. Additionally, there is a decline of -726% for Yandex N.V. (YNDX) in recent trading while the stock has seen an overall depriciation of -6.72% over the past year. The PE ratio stands at 0 for Tuniu Corporation, compared to 27.96 for Relx Plc, and 57.47 for Tencent Music Entertainment Group ADR. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.21%. Meanwhile, the Dow Jones Industrial improved by 0.37%.
Data on historical trading for Tuniu Corporation (NASDAQ:TOUR) indicates that the trading volumes over the past 10 days have averaged 722.89 Million and over the past 3 months, they’ve averaged 1.72 Million. According to company’s latest data on outstanding shares, there are 123.37 Million shares outstanding.
Nearly 2.64% of Tuniu Corporation’s shares belong to company insiders and institutional investors own 10.62% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 1.4 Million shares as on December 30, 2020, resulting in a short ratio of 1.01. According to the data, the short interest in Tuniu Corporation (TOUR) stood at 1.13% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 1.16 Million. The stock has risen by +26.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TOUR stock heading into the next quarter.
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