Tuniu (NASDAQ:TOUR) will be releasing its earnings data before the market opens on Wednesday, March 14th.
Tuniu (NASDAQ:TOUR) opened at $7.80 on Tuesday. The company has a market capitalization of $979.46, a PE ratio of -5.86 and a beta of 1.42. Tuniu has a 52 week low of $6.69 and a 52 week high of $9.88.
Tuniu declared that its board has approved a share buyback plan on Friday, January 12th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the technology company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
Separately, BidaskClub downgraded Tuniu from a “sell” rating to a “strong sell” rating in a research note on Friday, January 5th.
Tuniu Company Profile
Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.
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