Today’s Price Action: Tuniu Corp Stock Is Rising Now

Today's Price Action: Tuniu Corp Stock Is Rising Now

The stock of Tuniu Corp (NASDAQ:TOUR) is a huge mover today! About 173,056 shares traded hands. Tuniu Corp (NASDAQ:TOUR) has risen 6.64% since March 9, 2016 and is uptrending. It has underperformed by 0.78% the S&P500.
The move comes after 8 months positive chart setup for the $1.26 billion company. It was reported on Oct, 12 by Barchart.com. We have $16.51 PT which if reached, will make NASDAQ:TOUR worth $781.20 million more.

Tuniu Corp (NASDAQ:TOUR) Ratings Coverage

Out of 2 analysts covering Tuniu (NASDAQ:TOUR), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Tuniu has been the topic of 3 analyst reports since December 8, 2015 according to StockzIntelligence Inc. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, December 8. Deutsche Bank initiated Tuniu Corp (NASDAQ:TOUR) on Friday, May 20 with “Buy” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, April 26 report.

According to Zacks Investment Research, “Tuniu Corporation operates as an online leisure travel company in China. The Company provides packaged tours, organized tours, self-guided tours and other travel related products and services. Its online platform consists of its tuniu.com Website and mobile platform. Tuniu Corporation is headquartered in Nanjing, the People’s Republic of China.”

Another recent and important Tuniu Corp (NASDAQ:TOUR) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on November 09, 2013.

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