Tuniu (NASDAQ:TOUR) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

Key Points

• Tuniu Corporation's share price crossed above its 50-day moving average of $0.84, reaching a high of $0.93 during trading, and last traded at $0.91 with a volume of 553,309 shares.
• Wall Street Zen has upgraded Tuniu's rating to "hold", signaling a more favorable outlook for the company's stock.
• In its latest earnings report, Tuniu announced $0.03 earnings per share with a net margin of 5.82% and has also authorized a stock repurchase program, indicating confidence in its valuation.

Tuniu Corporation (NASDAQ:TOUR - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.84 and traded as high as $0.93. Tuniu shares last traded at $0.91, with a volume of 553,309 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Tuniu to a "hold" rating in a research note on Saturday, August 23rd.

Tuniu Trading Up 1.0%

The stock has a market cap of $106.52 million, a P/E ratio of 18.20 and a beta of 1.71. The firm has a 50-day simple moving average of $0.84 and a two-hundred day simple moving average of $0.91.

Tuniu (NASDAQ:TOUR - Get Free Report) last posted its quarterly earnings data on Friday, August 15th. The technology company reported $0.03 earnings per share for the quarter. The firm had revenue of $18.83 million for the quarter. Tuniu had a return on equity of 5.94% and a net margin of 5.82%. Tuniu has set its Q3 2025 guidance at EPS.

Tuniu declared that its board has authorized a stock repurchase program on Friday, August 15th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Millennium Management LLC increased its position in shares of Tuniu by 93.9% in the fourth quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock worth $36,000 after purchasing an additional 16,882 shares during the period. Two Sigma Advisers LP bought a new position in shares of Tuniu in the fourth quarter worth $109,000. Two Sigma Investments LP bought a new position in shares of Tuniu in the fourth quarter worth $111,000. Finally, Acadian Asset Management LLC increased its position in shares of Tuniu by 123.6% in the first quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company's stock worth $112,000 after purchasing an additional 57,358 shares during the period.

Tuniu Company Profile

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.

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