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

StockNews.com initiated coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a report released on Saturday morning. The brokerage issued a buy rating on the technology company’s stock.

Liberty TripAdvisor Price Performance

Shares of NASDAQ:LTRPA opened at $0.43 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $33.16 million, a PE ratio of -0.10 and a beta of 3.47. The stock has a fifty day moving average of $0.50 and a 200-day moving average of $0.88. Liberty TripAdvisor has a one year low of $0.15 and a one year high of $1.95.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC grew its position in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,356,310 shares of the technology company’s stock after purchasing an additional 2,866,644 shares during the period. Liberty TripAdvisor comprises about 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th largest position. Cove Street Capital LLC owned approximately 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent reporting period. Institutional investors own 31.40% of the company’s stock.

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.