In December, there was a significant rise in the number of open positions at Tuniu Company that were unfilled (NASDAQ: TOUR). As of the previous trading day, there were 930,300 shares available for a short sale, representing a 26.8% increase compared to the number of 1,180,000 shares that were available for a short sale as of December 30th. Short sales account for approximately one percent of the total number of shares issued by the company. The current short-interest ratio is 1.3 days, with an average daily volume of 914,100 shares changing hands. This is based on the fact that the number of shares sold is short.
On December 1st, 2018, Tuniu (NASDAQ: TOUR) disseminated its most recent quarterly earnings report to the investing community. The report covers a period during which the technology company posted losses amounting to $0.02 per share (EPS). During the period under consideration, the company generated total revenue of $10.95 million. Tuniu had a return on equity of 11.55%, even though the company had a negative net margin of 97.58%.
On December 21st, when StockNews.com first began reporting on the company, a research report about Tuniu was published on their website. They recommended that shareholders “hold” their shares of the company.
On Friday, during the normal hours of trading, the price of NASDAQ TOUR increased by $0.48, up to $2.30. The typical trading volume for the company is 1,085,701 shares, so only 81,860 shares of the company’s stock were traded, indicating a significant decrease in activity. Over the previous year, the lowest price that Tuniu ever reached was $0.46, while its all-time high was $2.52. There is a one-to-one correspondence between the debt-to-equity ratio, the current ratio, and the quick ratio, which all come in at 1.43. The ratio of debt to equity is 0.001 right now. The present value of the ratio is 1.43. The stock’s price is $298.49 million, its beta value is 1.52, and its market capitalization is $298.49 million. The stock’s price-to-earnings ratio is -6.74, which gives it a market capitalization of $298.49 million. The company’s price has been $1.09 over the previous 200 days, while the moving average price over the past 50 days has been $1.54.
Recently, institutional investors have altered how they have been keeping their shares of the company in their portfolios. UBS Group AG’s holdings in Tuniu saw a 0.9% increase during the second quarter due to the company’s purchase of additional shares. UBS Group AG now has a total of 2,771,866 shares of the technology business due to the purchase of an additional 23,534 shares during the preceding quarter. When added together, the value of these shares comes to a total of $2,911,000. During the second quarter, Renaissance Technologies LLC achieved a 4.8% increase in its proportion in Tuniu. Following the acquisition of an additional 16,660 shares during the relevant period, Renaissance Technologies LLC now holds a total of 360,859 shares of the technology company’s stock, which has a value of $379,000. This is the final and most important point to consider as it pertains to Cantor Fitzgerald L.P.’s purchase of an additional stake in Tuniu during the third quarter for a sum that totaled approximately 162,000 dollars. At present, institutions own 9.17% of the total shares of stock that are outstanding.
Internet leisure travel is something that Tuniu Corp., a Chinese company that offers various services connected with travel, can provide for its customers. In addition to providing other travel-related services, the company caters to leisure travelers by providing them with pre-planned itineraries that may be guided or unguided, depending on their preferences. As part of its product line, it provides visitors with the option of participating in guided or self-guided tours and tickets to several domestic and foreign tourist attractions.
