Tuniu (NASDAQ:TOUR - Get Free Report) was upgraded by StockNews.com from a "hold" rating to a "buy" rating in a research note issued on Friday.
Tuniu Stock Up 4.6 %
NASDAQ:TOUR traded up $0.05 during trading hours on Friday, hitting $1.14. 137,125 shares of the company were exchanged, compared to its average volume of 353,997. Tuniu has a one year low of $0.59 and a one year high of $1.76. The company has a fifty day simple moving average of $1.12 and a 200 day simple moving average of $0.99.
Hedge Funds Weigh In On Tuniu
A number of hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in Tuniu during the third quarter worth $50,000. XTX Topco Ltd increased its position in Tuniu by 163.8% in the 3rd quarter. XTX Topco Ltd now owns 28,986 shares of the technology company's stock valued at $41,000 after buying an additional 18,000 shares in the last quarter. Symmetry Peak Management LLC bought a new stake in Tuniu in the 3rd quarter valued at about $39,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake 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 worth $196,000 after buying an additional 16,248 shares during the period.
Tuniu Company Profile
(
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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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