Tuniu Corporation (NASDAQ:TOUR) Stock Rating Lowered by BidaskClub

BidaskClub lowered shares of Tuniu Corporation (NASDAQ:TOUR) from a sell rating to a strong sell rating in a research note released on Tuesday, July 25th.

Tuniu Corporation (TOUR) traded up 0.12% during trading on Tuesday, hitting $8.09. 138,154 shares of the stock traded hands. The stock’s market cap is $972.73 million. Tuniu Corporation has a 12 month low of $7.69 and a 12 month high of $10.75. The company has a 50-day moving average price of $8.00 and a 200-day moving average price of $8.32.

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Large investors have recently made changes to their positions in the stock. Profund Advisors LLC boosted its stake in shares of Tuniu Corporation by 40.7% in the second quarter. Profund Advisors LLC now owns 16,748 shares of the technology company’s stock valued at $134,000 after buying an additional 4,848 shares during the last quarter. Laurion Capital Management LP purchased a new stake in shares of Tuniu Corporation during the second quarter valued at $2,023,000. Stevens Capital Management LP boosted its stake in shares of Tuniu Corporation by 1.3% in the second quarter. Stevens Capital Management LP now owns 14,559 shares of the technology company’s stock valued at $117,000 after buying an additional 183 shares during the last quarter. BT Investment Management Ltd purchased a new stake in shares of Tuniu Corporation during the second quarter valued at $802,000. Finally, Hikari Power Ltd purchased a new stake in shares of Tuniu Corporation during the second quarter valued at $189,000.

Tuniu Corporation Company Profile

Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.

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