Tuniu (NASDAQ:TOUR - Get Free Report) announced that its board has authorized a share repurchase program on Friday, August 15th, RTT News reports. The company plans to repurchase $0.00 in outstanding shares. This repurchase authorization allows the technology company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.
Tuniu Stock Performance
TOUR stock traded down $0.0351 during midday trading on Wednesday, reaching $0.7656. The company's stock had a trading volume of 458,524 shares, compared to its average volume of 197,130. The stock has a fifty day simple moving average of $0.83 and a two-hundred day simple moving average of $0.92. Tuniu has a 1 year low of $0.7460 and a 1 year high of $1.76. The firm has a market capitalization of $89.61 million, a price-to-earnings ratio of 15.32 and a beta of 1.66.
Tuniu (NASDAQ:TOUR - Get Free Report) last released its earnings results on Friday, August 15th. The technology company reported $0.03 earnings per share for the quarter. Tuniu had a return on equity of 5.94% and a net margin of 5.82%.The business had revenue of $18.83 million for the quarter. Tuniu has set its Q3 2025 guidance at EPS.
Tuniu Company Profile
Get Free Report)
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.
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