Free Trial

Tuniu (NASDAQ:TOUR) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Tuniu logo with Computer and Technology background

Tuniu Corporation (NASDAQ:TOUR - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.91 and traded as low as $0.84. Tuniu shares last traded at $0.85, with a volume of 59,919 shares.

Tuniu Price Performance

The business's 50 day moving average price is $0.90 and its 200 day moving average price is $0.96. The stock has a market capitalization of $95.63 million, a P/E ratio of 10.21 and a beta of 1.57.

Institutional Trading of Tuniu

A number of large investors have recently made changes to their positions in TOUR. Two Sigma Investments LP bought a new stake in shares of Tuniu in the fourth quarter worth approximately $111,000. Two Sigma Advisers LP bought a new stake in shares of Tuniu in the fourth quarter worth approximately $109,000. Acadian Asset Management LLC grew its stake 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 acquiring an additional 57,358 shares during the period. XTX Topco Ltd grew its stake in shares of Tuniu by 158.6% in the fourth quarter. XTX Topco Ltd now owns 74,965 shares of the technology company's stock worth $77,000 after acquiring an additional 45,979 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Tuniu in the fourth quarter worth approximately $28,000.

Tuniu Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Tuniu Right Now?

Before you consider Tuniu, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tuniu wasn't on the list.

While Tuniu currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines