Tuniu Co. (NASDAQ:TOUR - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.00 and traded as low as $0.99. Tuniu shares last traded at $0.99, with a volume of 67,155 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Tuniu from a "hold" rating to a "buy" rating in a report on Friday, November 29th.
Read Our Latest Research Report on TOUR
Tuniu Stock Down 1.3 %
The company has a market capitalization of $123.35 million, a price-to-earnings ratio of -99,600.00 and a beta of 1.67. The stock's fifty day moving average price is $1.02 and its 200-day moving average price is $1.00.
Tuniu (NASDAQ:TOUR - Get Free Report) last issued its earnings results on Thursday, December 5th. The technology company reported $0.06 earnings per share for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%.
Hedge Funds Weigh In On Tuniu
A number of institutional investors have recently added to or reduced their stakes in TOUR. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Tuniu by 13.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company's stock worth $196,000 after buying an additional 16,248 shares during the last quarter. Symmetry Peak Management LLC acquired a new position in Tuniu during the third quarter worth $39,000. XTX Topco Ltd increased 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 valued at $41,000 after purchasing an additional 18,000 shares during 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, Rhumbline Advisers increased its holdings in shares of Tuniu by 166.0% in the fourth quarter. Rhumbline Advisers now owns 25,817 shares of the technology company's stock valued at $27,000 after purchasing an additional 16,110 shares during 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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