Tuniu Corporation (NASDAQ:TOUR) traded at a new 52-week high today of $5.28. This new high was reached on above average trading volume as 2.9 million shares traded hands, while the average 30-day volume is approximately 2.2 million shares.
Based on a current price of $4.97, Tuniu Corporation is currently 29.9% above its average consensus analyst price target of $3.48.
Tuniu Corp is an online leisure travel company. The company is primarily engaged in the provision of travel-related services in the People’s Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company’s organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company’s revenues are derived from within the People’s Republic of China.
Over the past year, Tuniu Corporation has traded in a range of $0.73 to $5.28 and is now at $4.97, 585% above that low.
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