Federal Street Acquisition Corp. (FSAC) Forms $9.70 Double Bottom; Tuniu – American Depositary Shares (TOUR) Sellers Increased By 1.16% Their Shorts

Federal Street Acquisition Corp. (FSAC) formed double bottom with $9.41 target or 3.00% below today’s $9.70 share price. Federal Street Acquisition Corp. (FSAC) has $127.57 million valuation. It closed at $9.7 lastly. It is down 0.00% since April 30, 2017 and is . It has underperformed by 11.55% the S&P500.

Tuniu Corporation – American Depositary Shares (NASDAQ:TOUR) had an increase of 1.16% in short interest. TOUR’s SI was 1.21M shares in April as released by FINRA. Its up 1.16% from 1.20M shares previously. With 289,100 avg volume, 4 days are for Tuniu Corporation – American Depositary Shares (NASDAQ:TOUR)’s short sellers to cover TOUR’s short positions. The SI to Tuniu Corporation – American Depositary Shares’s float is 9.06%. The stock decreased 1.45% or $0.09 during the last trading session, reaching $6.12. About 26,906 shares traded. Tuniu Corporation (NASDAQ:TOUR) has declined 27.78% since April 30, 2017 and is downtrending. It has underperformed by 39.33% the S&P500.

Tuniu Corporation operates as an online leisure travel firm in China. The company has market cap of $773.05 million. The firm offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa processing, financial, hotel booking, and air ticketing services for leisure travelers. It currently has negative earnings. It also provides advertising services to tourism boards and bureaus.

Among 3 analysts covering Tuniu (NASDAQ:TOUR), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Tuniu had 6 analyst reports since December 8, 2015 according to SRatingsIntel. The stock of Tuniu Corporation (NASDAQ:TOUR) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, April 26. Credit Suisse downgraded the stock to “Hold” rating in Wednesday, March 14 report. The firm has “Overweight” rating given on Tuesday, December 8 by Morgan Stanley. The stock of Tuniu Corporation (NASDAQ:TOUR) has “Buy” rating given on Friday, May 20 by Deutsche Bank. The firm has “Outperform” rating given on Thursday, January 12 by Credit Suisse. The firm earned “Buy” rating on Tuesday, October 10 by Credit Suisse.

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