Liberty TripAdvisor (NASDAQ:LTRPA) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.61 and traded as low as $0.41. Liberty TripAdvisor shares last traded at $0.41, with a volume of 44,033 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Liberty TripAdvisor in a report on Friday. They issued a “buy” rating for the company.

Liberty TripAdvisor Stock Down 2.0 %

The firm has a market capitalization of $31.74 million, a PE ratio of -0.10 and a beta of 3.47. The company has a fifty day simple moving average of $0.44 and a two-hundred day simple moving average of $0.61. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.04.

Liberty TripAdvisor (NASDAQ:LTRPA) last issued its earnings results on Tuesday, August 6th. The technology company reported $0.63 earnings per share 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.

About Liberty TripAdvisor

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.