Tuniu (NASDAQ:TOUR) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Key Points

• Tuniu Corporation's stock (NASDAQ: TOUR) recently surpassed its 50-day moving average, trading at $0.87 after hitting a high of $0.88.
• Wall Street analysts have upgraded Tuniu to a "hold" rating and the company reported earnings of $0.03 per share along with a revenue of $18.83 million for the last quarter.
• The firm initiated a share buyback program on August 15th, suggesting management believes the stock is undervalued.

Tuniu Corporation (NASDAQ:TOUR - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.83 and traded as high as $0.88. Tuniu shares last traded at $0.87, with a volume of 255,397 shares.

Wall Street Analysts Forecast Growth

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

Tuniu Trading Down 0.6%

The stock has a market cap of $104.71 million, a price-to-earnings ratio of 17.90 and a beta of 1.71. The firm has a fifty day simple moving average of $0.83 and a 200 day simple moving average of $0.92.

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

Tuniu declared that its board has initiated a stock buyback program on Friday, August 15th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the technology company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Institutional Investors Weigh In On Tuniu

Several large investors have recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in shares of Tuniu by 93.9% in the 4th quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock worth $36,000 after acquiring an additional 16,882 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Tuniu by 123.6% during 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 in the last quarter. Two Sigma Advisers LP acquired a new position in Tuniu in the fourth quarter worth $109,000. Finally, Two Sigma Investments LP bought a new stake in shares of Tuniu during the fourth quarter worth $111,000.

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.