Short Interest in Tuniu Co. (NASDAQ:TOUR) Decreases By 18.5%

Tuniu Co. (NASDAQ:TOUR) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 150,900 shares, a decline of 18.5% from the June 30th total of 185,100 shares. Based on an average trading volume of 186,400 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, StockNews.com upgraded Tuniu from a “hold” rating to a “buy” rating in a research report on Wednesday, June 5th.

Tuniu Stock Up 2.9 %

Shares of Tuniu stock opened at $0.93 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.01. Tuniu has a 12 month low of $0.59 and a 12 month high of $1.60. The business has a fifty day simple moving average of $0.99 and a 200 day simple moving average of $0.83. The stock has a market cap of $120.18 million, a PE ratio of -15.43 and a beta of 1.60.

Tuniu (NASDAQ:TOUR) last announced its quarterly earnings data on Tuesday, June 4th. The technology company reported $0.04 EPS for the quarter. Tuniu had a positive return on equity of 7.63% and a negative net margin of 16.69%. The business had revenue of $14.95 million during the quarter.

About Tuniu

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.