2.8500 +0.03 (1.06%)
After hours: 6:13PM EST
|Bid||2.7800 x 800|
|Ask||2.9300 x 2200|
|Day's range||2.6000 - 3.2500|
|52-week range||0.7250 - 4.5100|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||N/A|
|Earnings date||01 Dec 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.79|
Last week, Tuniu shares scored back to back "green" days on the Nasdaq, rising more than 50% before the Thanksgiving Day holiday. Now as we approach a much anticipated earnings report, Tuniu shares continue to fall -- down another 13.6% as of 1:35 p.m. EST. The answer to both questions could be "yes," or it could be "no." Last week, Tuniu confirmed that it plans to release third-quarter 2020 earnings numbers before the market opens tomorrow.
After spiking 21.4% on Tuesday, shares of the Chinese online travel agent and purveyor of tour packages ran up another 34.5% through 11:15 a.m. EST Wednesday, adding nearly one full dollar to the share price -- and on precious little news. In fact, about the only thing I can see that might explain investors' sudden enthusiasm for Tuniu stock is a brief announcement on the company's investor relations page yesterday, to the effect that Tuniu "plans to release its unaudited financial results for the third quarter ended September 30, 2020, before the market opens on December 1, 2020." Just an announcement that there will be earnings news a week from now.
Hello, and thank you for standing by for Tuniu's 2020 Second Quarter Earnings Conference Call. Joining me on the call today are Donald Yu, Tuniu's Founder, Chairman and Chief Executive Officer; and Anqiang Chen, Tuniu's Financial Controller.