Tuniu (NASDAQ:TOUR - Get Free Report) announced that its Board of Directors has approved a stock repurchase program on Friday, August 15th, RTT News reports. The company plans to buyback $0.00 in outstanding shares. This buyback authorization allows the technology company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.
Tuniu Price Performance
Shares of TOUR stock traded up $0.0062 during trading hours on Tuesday, hitting $0.8150. 217,379 shares of the company's stock were exchanged, compared to its average volume of 189,252. The stock's 50-day moving average is $0.84 and its 200-day moving average is $0.93. The stock has a market cap of $95.40 million, a price-to-earnings ratio of 16.30 and a beta of 1.66. Tuniu has a 52 week low of $0.7460 and a 52 week high of $1.76.
Tuniu (NASDAQ:TOUR - Get Free Report) last announced its earnings results on Friday, August 15th. The technology company reported $0.03 EPS for the quarter. The company had revenue of $18.83 million for the quarter. Tuniu had a return on equity of 5.89% and a net margin of 5.82%. 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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