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.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

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.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

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.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on..

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free


Please enter your comment!
Please enter your name here