Shares of Tuniu Corp. (NASDAQ:TOUR) traded down 3.1% on Thursday . The stock traded as low as $8.74 and last traded at $8.76, with a volume of 181,539 shares changing hands. The stock had previously closed at $9.04.

TOUR has been the subject of several research reports. Morgan Stanley downgraded shares of Tuniu Corp. from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $18.00 to $14.00 in a research note on Tuesday, April 26th. Zacks Investment Research downgraded shares of Tuniu Corp. from a “buy” rating to a “sell” rating in a research note on Friday, April 29th. Finally, Deutsche Bank AG initiated coverage on shares of Tuniu Corp. in a research note on Friday, May 20th. They issued a “buy” rating and a $11.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $14.06.

The company has a 50-day moving average of $8.62 and a 200-day moving average of $10.48. The firm’s market capitalization is $818.57 million.

Tuniu Corp. (NASDAQ:TOUR) last issued its earnings results on Tuesday, May 24th. The company reported ($0.62) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.61) by $0.01. The firm had revenue of $315.10 million for the quarter, compared to analyst estimates of $317.60 million. During the same quarter in the previous year, the company posted ($3.50) earnings per share. The company’s revenue for the quarter was up 62.8% on a year-over-year basis. Analysts forecast that Tuniu Corp. will post ($15.05) EPS for the current year.

An institutional investor recently bought a new position in Tuniu Corp. stock. First Trust Advisors LP acquired a new stake in Tuniu Corp. (NASDAQ:TOUR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 87,126 shares of the company’s stock, valued at approximately $1,392,000. First Trust Advisors LP owned approximately 0.09% of Tuniu Corp. at the end of the most recent reporting period.

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

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