The trading price of Tuniu Corporation (NASDAQ:TOUR) floating higher at last check on Monday, Feb 22, closing at $4.07, 3.07% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $3.8200 and $4.5000. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 2.69. In examining the 52-week price action we see that the stock hit a 52-week high of $4.51 and a 52-week low of $0.73. Over the past month, the stock has gained 100.49% in value.
Analysts have forecast the company to bring in revenue of $24.95 Million for the quarter, with the likely lows of $66.71 Million and highs of $66.71 Million. The average estimate suggests sales will likely down by -61.1% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $171.79 Million. The company’s revenue is forecast to drop by -46.7% over what it did in 2020.
On the technical side, indicators suggest TOUR has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TOUR a recommendation rating is 1. Out of them, 1 rate it a Hold, while none recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged Tuniu Corporation (TOUR) as Underperform, while not any of them advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
To see how Tuniu Corporation stock has been performing today in comparison to its peers in the industry, here are the numbers: TOUR stock’s performance was +3.07% at last check in today’s session, and +116.49% in the past year, while Relx Plc (RELX) has been trading -1.31% in recent session and positioned -8.32% lower than it was a year ago. Another comparable company Tencent Music Entertainment Group ADR (TME) saw its stock trading -6.33% lower in today’s session but was up +108.55% in a year. Furthermore, Yandex N.V. (YNDX) showed an increase of 3.07% today while its price kept rising at 116.49% over the past year. Tuniu Corporation has a P/E ratio of 0, compared to Relx Plc’s 28.09 and Tencent Music Entertainment Group ADR’s 73.13. Also during today’s trading, the S&P 500 Index has soared -0.48%, while the Dow Jones Industrial also saw a positive session, up +0.05% today.
An evaluation of the daily trading volume of Tuniu Corporation (NASDAQ:TOUR) indicates that the 3-month average is 2.27 Million. However, this figure has declined over the past 10 days to an average of 2.2 Million.
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Currently, records show that 123.37 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 2.64% of outstanding shares, whereas institutions hold 10.62%. The stats also highlight that short interest as of January 28, 2021, stood at 1.3 Million shares, resulting in a short ratio of 1.37 at that time. From this, we can conclude that short interest is 1.06% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 1.4 Million. However, since the stock’s price has seen +131.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.