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

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

Liberty TripAdvisor Price Performance

NASDAQ:LTRPA opened at $0.46 on Wednesday. The stock has a market cap of $35.48 million, a PE ratio of -0.11 and a beta of 3.52. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.80. The business’s 50-day simple moving average is $0.53 and its two-hundred day simple moving average is $0.96. Liberty TripAdvisor has a 52 week low of $0.15 and a 52 week high of $1.95.

Liberty TripAdvisor (NASDAQ:LTRPA) last posted its quarterly 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 49.17% and a negative net margin of 17.66%. The business had revenue of $497.00 million during the quarter.

Institutional Trading of Liberty TripAdvisor

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC raised its holdings in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the 4th quarter, according to 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 purchasing an additional 2,866,644 shares during the quarter. Liberty TripAdvisor accounts for about 2.2% of Cove Street Capital LLC’s portfolio, making the stock its 16th largest position. Cove Street Capital LLC owned about 10.91% of Liberty TripAdvisor worth $7,103,000 as of its most recent SEC filing. 31.40% of the stock is owned by institutional investors.

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.