StockNews.com downgraded shares of Tuniu (NASDAQ:TOUR – Free Report) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday morning.
Tuniu Price Performance
Shares of NASDAQ:TOUR remained flat at $1.15 during mid-day trading on Friday. 332,164 shares of the company were exchanged, compared to its average volume of 319,878. The stock has a fifty day moving average of $1.05 and a 200 day moving average of $0.98. Tuniu has a 1-year low of $0.59 and a 1-year high of $1.76.
Institutional Trading of Tuniu
An institutional investor recently raised its position in Tuniu stock. Connor Clark & Lunn Investment Management Ltd. lifted its position in Tuniu Co. (NASDAQ:TOUR – Free Report) by 13.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,877 shares of the technology company’s stock after acquiring an additional 16,248 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.11% of Tuniu worth $196,000 at the end of the most recent quarter.
Tuniu Company Profile
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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