October 22, 2020

J. Goldman & Company Takes Position in Qunar Cayman Islands Ltd (QUNR)

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J. Goldman & Company acquired a new stake in Qunar Cayman Islands Ltd (NASDAQ:QUNR) during the third quarter, according to its most recent Form 13F filing with the SEC. The hedge fund acquired 20,000 shares of the company’s stock, valued at approximately $601,000.

Shares of Qunar Cayman Islands Ltd (NASDAQ:QUNR) opened at 52.74 on Friday. The firm’s market capitalization is $6.99 billion. The firm has a 50-day moving average price of $46.99 and a 200 day moving average price of $40.27. Qunar Cayman Islands Ltd has a one year low of $26.40 and a one year high of $55.93.

Qunar Cayman Islands (NASDAQ:QUNR) last released its quarterly earnings data on Tuesday, November 24th. The company reported ($0.88) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.18) by $0.30. Equities analysts forecast that Qunar Cayman Islands Ltd will post ($26.82) earnings per share for the current fiscal year.

Several research analysts recently weighed in on the company. cut Qunar Cayman Islands from a “buy” rating to a “hold” rating in a research report on Friday, October 30th. They noted that the move was a valuation call. upgraded Qunar Cayman Islands from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a research report on Thursday, December 10th. reiterated a “hold” rating and set a $36.00 price target on shares of Qunar Cayman Islands in a research report on Wednesday, November 25th. CLSA cut Qunar Cayman Islands from a “buy” rating to a “sell” rating in a research report on Monday, October 26th. Finally, Goldman Sachs upgraded Qunar Cayman Islands from a “neutral” rating to a “buy” rating and set a $48.00 price target for the company in a research report on Monday, October 26th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. Qunar Cayman Islands has a consensus rating of “Hold” and an average target price of $45.50.

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12 for NASDAQ:QUNR
Qunar Cayman Islands Limited (NASDAQ:QUNR) is engaged in offering mobile and online commerce platform for travel in China. The Company offers a range of travel products, including flights, hotels, vacations packages, attraction tickets and other travel related offerings. The Company has developed Qunar Travel, its mobile application, which enables its users to search for and purchase travel products. The Company’s Software as a service (SaaS) system provides an online presence for over 240,000 travel service providers. Its search engine provides real-time travel products information directly sourced from travel service providers and through its SaaS platform. The Company’s main lines of business include flight tickets, hotels, vacation packages and attraction tickets. The Company also offers display advertising, train tickets, car services, smart lodging and other services.

For more on this story go to: http://www.storminvestor.com/j-goldman-company-takes-position-in-qunar-cayman-islands-ltd-qunr/218694/

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