Tuniu Corporation (NASDAQ:TOUR - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4.96 and traded as high as $5.03. Tuniu shares last traded at $4.95, with a volume of 6,491 shares changing hands.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of Tuniu in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of "Sell".
Read Our Latest Report on Tuniu
Tuniu Price Performance
The firm has a market capitalization of $54.05 million, a price-to-earnings ratio of 15.47 and a beta of 0.44. The stock has a fifty day moving average of $4.96 and a two-hundred day moving average of $5.91.
Tuniu (NASDAQ:TOUR - Get Free Report) last announced its earnings results on Tuesday, August 25th. The technology company reported $0.03 EPS for the quarter. Tuniu had a return on equity of 3.17% and a net margin of 3.73%.The firm had revenue of $20.45 million for the quarter.
Institutional Trading of Tuniu
Institutional investors have recently added to or reduced their stakes in the stock. Yiheng Capital Management L.P. bought a new position in Tuniu during the 2nd quarter worth approximately $152,000. Renaissance Technologies LLC lifted its position in shares of Tuniu by 6.4% in the 1st quarter. Renaissance Technologies LLC now owns 178,919 shares of the technology company's stock worth $138,000 after purchasing an additional 10,689 shares during the period. Jane Street Group LLC bought a new stake in shares of Tuniu in the 4th quarter valued at $31,000. Finally, Acadian Asset Management LLC boosted its stake in shares of Tuniu by 123.6% in the 1st quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company's stock valued at $112,000 after purchasing an additional 57,358 shares during the last quarter.
Tuniu Company Profile
(
Get Free Report)
Tuniu International Limited is a China-based online leisure travel company that operates a comprehensive travel services platform under the brand name Tuniu NASDAQ: TOUR. Headquartered in Nanjing, the company was founded in 2006 and was incorporated in the Cayman Islands in May 2010. Tuniu completed its initial public offering on the Nasdaq Stock Market in December 2014, positioning itself to expand its suite of digital travel offerings and strengthen its strategic partnerships with suppliers and local agencies.
The company's flagship platform, tuniu.com, provides a broad array of travel products and services, including packaged group tours, customized private tours, independent travel solutions, corporate travel management, hotel and resort bookings, air ticketing, cruise vacations and car rentals.
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