Liberty TripAdvisor (NASDAQ:LTRPA) Coverage Initiated by Analysts at StockNews.com

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

Liberty TripAdvisor Stock Up 14.0 %

Shares of NASDAQ LTRPA opened at $0.49 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. Liberty TripAdvisor has a 52 week low of $0.15 and a 52 week high of $1.95. The stock has a market capitalization of $37.79 million, a P/E ratio of -0.12 and a beta of 3.47. The stock’s fifty day moving average is $0.50 and its 200 day moving average is $0.87.

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

Institutional Trading of Liberty TripAdvisor

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC lifted its stake in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,356,310 shares of the technology company’s stock after buying 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 as of its most recent filing with the Securities & Exchange Commission. 31.40% of the stock is currently 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.