Tuniu Corporation (NASDAQ:TOUR – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $5.03 and traded as high as $5.10. Tuniu shares last traded at $5.01, with a volume of 2,582 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tuniu in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
Get Our Latest Stock Report on Tuniu
Tuniu Stock Up 0.4%
Tuniu (NASDAQ:TOUR – Get Free Report) last announced its earnings results on Wednesday, August 26th. The technology company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $20.45 million for the quarter. Tuniu had a return on equity of 3.17% and a net margin of 3.73%.
Hedge Funds Weigh In On Tuniu
A hedge fund recently bought a new stake in Tuniu stock. Yiheng Capital Management L.P. bought a new stake in shares of Tuniu Corporation (NASDAQ:TOUR – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 31,443 shares of the technology company’s stock, valued at approximately $152,000. Tuniu comprises approximately 0.1% of Yiheng Capital Management L.P.’s holdings, making the stock its 25th largest position. Yiheng Capital Management L.P. owned about 0.29% of Tuniu at the end of the most recent quarter.
Tuniu Company Profile
Tuniu Corporation (NASDAQ: TOUR) is a China-based online leisure travel company that provides travel products and related services through its Tuniu.com website, mobile applications and other platforms. The company primarily serves Chinese consumers planning domestic and international leisure trips.
Tuniu offers organized and packaged tours, self-guided travel products, hotel accommodations, transportation arrangements, attraction tickets, visa assistance, travel insurance and other travel-related services.
Further Reading
- Five stocks we like better than Tuniu
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
Receive News & Ratings for Tuniu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuniu and related companies with MarketBeat.com's FREE daily email newsletter.
