Liberty TripAdvisor (NASDAQ:LTRPA) Now Covered by StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a report issued on Friday. The brokerage set a “buy” rating on the technology company’s stock.

Liberty TripAdvisor Price Performance

Shares of Liberty TripAdvisor stock opened at $0.39 on Friday. The business has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.91. Liberty TripAdvisor has a 12 month low of $0.15 and a 12 month high of $1.95. The stock has a market capitalization of $30.17 million, a P/E ratio of -0.09 and a beta of 3.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.04 and a quick ratio of 1.04.

Liberty TripAdvisor (NASDAQ:LTRPA) last announced its earnings results on Tuesday, August 6th. The technology company reported $0.63 EPS for the quarter. Liberty TripAdvisor had a positive return on equity of 62.40% and a negative net margin of 15.48%. The business had revenue of $497.00 million during the quarter.

Institutional Investors Weigh In On Liberty TripAdvisor

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC boosted its holdings in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,356,310 shares of the technology company’s stock after acquiring an additional 2,866,644 shares during the quarter. Liberty TripAdvisor comprises 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th largest holding. Cove Street Capital LLC owned approximately 10.91% of Liberty TripAdvisor worth $7,103,000 as of its most recent SEC filing. Institutional investors and hedge funds own 31.40% of the company’s stock.

Liberty TripAdvisor Company Profile

Liberty TripAdvisor Holdings, Inc operates a travel guidance platform that connects people and audiences with travel partners in the United States, the United Kingdom, and internationally. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. It offers an online platform that provides content, travel guidance products and services, and two-sided marketplaces for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, cruises, and other travel categories, including alternative accommodations, flights, and rental cars.