Liberty TripAdvisor (NASDAQ:LTRPA) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a research note issued on Thursday. The brokerage set a “buy” rating on the technology company’s stock.

Liberty TripAdvisor Stock Performance

NASDAQ LTRPA opened at $0.41 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.80. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.95. The business has a 50-day moving average price of $0.52 and a 200-day moving average price of $0.95. The firm has a market cap of $31.65 million, a price-to-earnings ratio of -0.10 and a beta of 3.52.

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. The firm had revenue of $497.00 million during the quarter. Liberty TripAdvisor had a negative net margin of 17.66% and a positive return on equity of 49.17%.

Institutional Investors Weigh In On Liberty TripAdvisor

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC lifted its position in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the 4th quarter, according to its most recent 13F filing with the Securities and 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 accounts for 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 at the end of the most recent reporting period. Institutional investors 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.