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Tuniu (NASDAQ:TOUR) Stock Price Passes Below 200 Day Moving Average - Time to Sell?

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Tuniu Co. (NASDAQ:TOUR - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.02 and traded as low as $1.00. Tuniu shares last traded at $1.03, with a volume of 202,462 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Tuniu from a "hold" rating to a "buy" rating in a report on Friday, November 29th.

Read Our Latest Stock Report on TOUR

Tuniu Stock Performance

The business's fifty day moving average price is $1.01 and its 200-day moving average price is $1.02. The stock has a market cap of $142.42 million, a PE ratio of -115,000.00 and a beta of 1.67.

Tuniu (NASDAQ:TOUR - Get Free Report) last announced its quarterly 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 institutional investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of 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 buying an additional 16,248 shares during the last quarter. Symmetry Peak Management LLC purchased a new position in shares of Tuniu in the third quarter worth approximately $39,000. Public Employees Retirement System of Ohio purchased a new position in shares of Tuniu in the third quarter worth approximately $50,000. XTX Topco Ltd boosted 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 buying an additional 18,000 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Tuniu by 93.9% in the fourth quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock worth $36,000 after buying an additional 16,882 shares during the last quarter.

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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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