Tuniu Co. (NASDAQ:TOUR) Shares Purchased by Millennium Management LLC

Millennium Management LLC boosted its position in Tuniu Co. (NASDAQ:TOUR) by 93.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,864 shares of the technology company’s stock after acquiring an additional 16,882 shares during the quarter. Millennium Management LLC’s holdings in Tuniu were worth $36,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Rhumbline Advisers grew its stake in shares of Tuniu by 166.0% during the fourth quarter. Rhumbline Advisers now owns 25,817 shares of the technology company’s stock worth $27,000 after purchasing an additional 16,110 shares in the last quarter. Virtu Financial LLC purchased a new stake in Tuniu during the 4th quarter worth about $28,000. Finally, XTX Topco Ltd lifted its holdings in Tuniu by 158.6% during the 4th quarter. XTX Topco Ltd now owns 74,965 shares of the technology company’s stock worth $77,000 after buying an additional 45,979 shares during the last quarter.

Tuniu Stock Performance

NASDAQ:TOUR opened at $0.90 on Friday. Tuniu Co. has a 1 year low of $0.71 and a 1 year high of $1.76. The stock has a market cap of $104.79 million, a P/E ratio of -89,520.00 and a beta of 1.63. The stock has a 50-day simple moving average of $0.91 and a 200-day simple moving average of $0.99.

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

Tuniu Company Profile

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.