Today’s Stock On Watch: Could Tuniu Corporation Ads (NASDAQ:TOUR) Go Down After Its Newest Short Interest Report?

November 18, 2016 - By kentuckypostne   ·   0 Comments

Today's Stock On Watch: Could Tuniu Corporation Ads (NASDAQ:TOUR) Go Down After Its Newest Short Interest Report?

The stock of Tuniu Corporation Ads (NASDAQ:TOUR) registered a decrease of 2.12% in short interest. TOUR’s total short interest was 3.89M shares in November as published by FINRA. Its down 2.12% from 3.97M shares, reported previously. With 492,200 shares average volume, it will take short sellers 8 days to cover their TOUR’s short positions. The stock increased 0.44% or $0.04 during the last trading session, hitting $9.06. Tuniu Corp (NASDAQ:TOUR) has declined 25.12% since April 18, 2016 and is downtrending. It has underperformed by 29.55% the S&P500.

Tuniu Corporation is an online leisure travel company. The company has a market cap of $1.18 billion. The Firm offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. It currently has negative earnings. The Company’s 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.

Tuniu Corp (NASDAQ:TOUR) Ratings Coverage

Out of 2 analysts covering Tuniu (NASDAQ:TOUR), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Tuniu has been the topic of 3 analyst reports since December 8, 2015 according to StockzIntelligence Inc. Deutsche Bank initiated the stock with “Buy” rating in Friday, May 20 report. Morgan Stanley downgraded Tuniu Corp (NASDAQ:TOUR) rating on Tuesday, April 26. Morgan Stanley has “Equal-Weight” rating and $14 price target. On Tuesday, December 8 the stock rating was upgraded by Morgan Stanley to “Overweight”.

Another recent and important Tuniu Corp (NASDAQ:TOUR) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on November 09, 2013.

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