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Tuniu (NASDAQ:TOUR) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Tuniu logo with Computer and Technology background

Tuniu Co. (NASDAQ:TOUR - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.02 and traded as high as $1.04. Tuniu shares last traded at $1.03, with a volume of 83,167 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Tuniu from a "hold" rating to a "buy" rating in a research note on Friday, November 29th.

Read Our Latest Stock Analysis on TOUR

Tuniu Stock Performance

The company has a fifty day moving average price of $1.02 and a 200-day moving average price of $0.99. The firm has a market capitalization of $125.08 million, a PE ratio of -101,000.00 and a beta of 1.70.

Tuniu (NASDAQ:TOUR - Get Free Report) last announced its earnings results on Thursday, December 5th. The technology company reported $0.06 earnings per share (EPS) for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%.

Institutional Trading of Tuniu

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TOUR. Public Employees Retirement System of Ohio bought a new position in Tuniu in the 3rd quarter valued at $50,000. XTX Topco Ltd grew its holdings 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 worth $41,000 after purchasing an additional 18,000 shares during the last quarter. Symmetry Peak Management LLC purchased a new position in Tuniu in the 3rd quarter worth about $39,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Tuniu by 13.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company's stock valued at $196,000 after buying an additional 16,248 shares in the last quarter.

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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