Two Sigma Investments LP Takes Position in Tuniu Co. (NASDAQ:TOUR)

Two Sigma Investments LP bought a new position in Tuniu Co. (NASDAQ:TOUR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 108,814 shares of the technology company’s stock, valued at approximately $111,000. Two Sigma Investments LP owned about 0.09% of Tuniu as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Rhumbline Advisers boosted its position in Tuniu by 166.0% during the 4th quarter. Rhumbline Advisers now owns 25,817 shares of the technology company’s stock valued at $27,000 after buying an additional 16,110 shares during the period. Virtu Financial LLC bought a new position in shares of Tuniu during the fourth quarter valued at about $28,000. XTX Topco Ltd boosted its holdings 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. Millennium Management LLC boosted its holdings in shares of Tuniu by 93.9% during the fourth quarter. Millennium Management LLC now owns 34,864 shares of the technology company’s stock worth $36,000 after purchasing an additional 16,882 shares during the period. Finally, Two Sigma Advisers LP bought a new stake in shares of Tuniu in the fourth quarter worth about $109,000.

Tuniu Price Performance

TOUR opened at $0.92 on Friday. Tuniu Co. has a one year low of $0.71 and a one year high of $1.76. The business has a 50 day simple moving average of $0.91 and a two-hundred day simple moving average of $0.99. The firm has a market capitalization of $108.04 million, a price-to-earnings ratio of -92,300.00 and a beta of 1.63.

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

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.