Tuniu Co. (NASDAQ:TOUR - Get Free Report) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 185,400 shares, a decline of 16.6% from the November 15th total of 222,200 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 640,100 shares, the short-interest ratio is currently 0.3 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Tuniu from a "hold" rating to a "buy" rating in a research report on Friday, November 29th.
Read Our Latest Research Report on Tuniu
Tuniu Trading Down 1.0 %
TOUR traded down $0.01 during midday trading on Friday, reaching $1.04. The company's stock had a trading volume of 86,897 shares, compared to its average volume of 351,381. Tuniu has a twelve month low of $0.59 and a twelve month high of $1.76. The stock has a market cap of $128.79 million, a P/E ratio of -104,000.00 and a beta of 1.68. The company has a fifty day simple moving average of $1.11 and a 200 day simple moving average of $1.00.
Institutional Trading of Tuniu
A number of hedge funds have recently bought and sold shares of TOUR. Symmetry Peak Management LLC bought a new stake in shares of Tuniu in the 3rd quarter worth approximately $39,000. XTX Topco Ltd raised its stake in shares of Tuniu by 163.8% in the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company's stock valued at $41,000 after purchasing an additional 18,000 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Tuniu in the third quarter valued at $50,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in Tuniu by 13.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company's stock worth $196,000 after purchasing an additional 16,248 shares during the period.
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.
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