Tuniu (NASDAQ:TOUR) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Shares of Tuniu Corporation (NASDAQ:TOUR) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.83 and traded as high as $0.84. Tuniu shares last traded at $0.84, with a volume of 243,409 shares trading hands.

Tuniu Trading Up 10.2%

The firm has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $0.92. The company has a market capitalization of $98.79 million, a PE ratio of 16.88 and a beta of 1.66.

Tuniu (NASDAQ:TOUR) last announced its earnings results on Friday, August 15th. The technology company reported $0.03 earnings per share for the quarter. Tuniu had a return on equity of 5.94% and a net margin of 5.82%.The company had revenue of $18.83 million for the quarter. Tuniu has set its Q3 2025 guidance at EPS.

Tuniu announced that its board has approved a stock repurchase plan on Friday, August 15th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the technology company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Tuniu

Hedge funds have recently modified their holdings of the business. Millennium Management LLC lifted its holdings in shares of Tuniu by 93.9% in the 4th quarter. Millennium Management LLC now owns 34,864 shares of the technology company’s stock valued at $36,000 after buying an additional 16,882 shares during the period. XTX Topco Ltd lifted its holdings in shares of Tuniu by 158.6% in the 4th quarter. XTX Topco Ltd now owns 74,965 shares of the technology company’s stock valued at $77,000 after buying an additional 45,979 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Tuniu by 123.6% in the 1st quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company’s stock valued at $112,000 after buying an additional 57,358 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of Tuniu in the 4th quarter valued at approximately $109,000. Finally, Two Sigma Investments LP acquired a new stake in shares of Tuniu in the 4th quarter valued at approximately $111,000.

About Tuniu

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.