Liberty TripAdvisor (NASDAQ:LTRPA) Earns Hold Rating from Analysts at StockNews.com

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

Liberty TripAdvisor Trading Down 1.6 %

LTRPA opened at $0.47 on Wednesday. The stock has a market capitalization of $36.25 million, a P/E ratio of -0.11 and a beta of 3.53. Liberty TripAdvisor has a 12 month low of $0.15 and a 12 month high of $1.95. The firm’s fifty day simple moving average is $0.77 and its 200 day simple moving average is $1.01. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.80.

Liberty TripAdvisor (NASDAQ:LTRPA) last issued its quarterly earnings results on Wednesday, May 8th. The technology company reported ($0.86) EPS for the quarter. Liberty TripAdvisor had a positive return on equity of 49.17% and a negative net margin of 17.66%. The business had revenue of $395.00 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC boosted its stake in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the 4th quarter, according to the company in its most recent 13F 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 holding. Cove Street Capital LLC owned about 10.91% of Liberty TripAdvisor worth $7,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 31.40% of the stock is owned by institutional investors.

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.