Tuniu (NASDAQ:TOUR) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

TOUR stock opened at $6.96 on Friday. Tuniu has a fifty-two week low of $5.81 and a fifty-two week high of $9.88.

Tuniu (NASDAQ:TOUR) last posted its quarterly earnings data on Wednesday, August 29th. The technology company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. Tuniu had a negative net margin of 16.19% and a negative return on equity of 3.82%. The firm had revenue of $79.38 million during the quarter.

A number of hedge funds have recently bought and sold shares of TOUR. Cubist Systematic Strategies LLC bought a new position in Tuniu in the 2nd quarter worth approximately $115,000. Aperio Group LLC bought a new position in Tuniu in the 2nd quarter worth approximately $169,000. Bank of Montreal Can raised its position in Tuniu by 64.8% in the 2nd quarter. Bank of Montreal Can now owns 65,370 shares of the technology company’s stock worth $554,000 after purchasing an additional 25,698 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Tuniu by 13.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 134,229 shares of the technology company’s stock worth $808,000 after purchasing an additional 16,272 shares during the last quarter. Finally, BlackRock Inc. raised its position in Tuniu by 7.7% in the 1st quarter. BlackRock Inc. now owns 630,939 shares of the technology company’s stock worth $3,799,000 after purchasing an additional 45,306 shares during the last quarter. Hedge funds and other institutional investors own 20.70% of the company’s stock.

Tuniu Company Profile

Tuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa application services, financial services, and hotel booking services, as well as air, train, and bus ticketing and car rental services for leisure travelers.

Recommended Story: S&P 500 Index

Receive News & Ratings for Tuniu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuniu and related companies with MarketBeat.com's FREE daily email newsletter.