Tuniu Corporation (TOUR) saw a big move in the last trading session, as the company’s shares fell over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for TOUR, as the stock is now down nearly 23% since Aug 8.
The online leisure travel company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
TOUR currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Investors interested in the Internet Content industry may consider better-ranked stocks like YY Inc. (YY), Perfect World Co., Ltd. (PWRD) and Yelp, Inc. (YELP). While YY and Perfect World hold a Zacks Rank #1 (Strong Buy), Yelp carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment