Tuniu (NASDAQ:TOUR) Stock Passes Above 50 Day Moving Average – Time to Sell?

Tuniu Co. (NASDAQ:TOUR) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.04 and traded as high as $1.12. Tuniu shares last traded at $1.10, with a volume of 257,778 shares traded.

Tuniu Stock Performance

The company has a market capitalization of $131.27 million, a PE ratio of -106,000.00 and a beta of 1.35. The firm has a fifty day simple moving average of $1.04 and a 200-day simple moving average of $1.06.

Tuniu (NASDAQ:TOUR) last posted its quarterly earnings data on Friday, March 14th. The technology company reported ($0.01) EPS for the quarter. The company had revenue of $14.07 million for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%.

Tuniu Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.036 per share. The ex-dividend date is Thursday, March 27th. Tuniu’s payout ratio is presently 25.00%.

Institutional Trading of Tuniu

Hedge funds and other institutional investors have recently modified their holdings of the company. Two Sigma Investments LP acquired a new position in Tuniu during the 4th quarter worth $111,000. Two Sigma Advisers LP bought a new stake in Tuniu in the fourth quarter valued at about $109,000. XTX Topco Ltd raised its position in shares of Tuniu by 158.6% during the fourth quarter. XTX Topco Ltd now owns 74,965 shares of the technology company’s stock worth $77,000 after purchasing an additional 45,979 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Tuniu in the 3rd quarter valued at about $50,000. Finally, Symmetry Peak Management LLC acquired a new position in shares of Tuniu during the 3rd quarter worth about $39,000.

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.