Liberty TripAdvisor (NASDAQ:LTRPA) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a note issued to investors on Wednesday. The brokerage set a “buy” rating on the technology company’s stock.

Liberty TripAdvisor Price Performance

Shares of NASDAQ LTRPA opened at $0.49 on Wednesday. The stock has a market capitalization of $37.42 million, a price-to-earnings ratio of -0.12 and a beta of 3.52. Liberty TripAdvisor has a 52 week low of $0.15 and a 52 week high of $1.95. The firm has a 50-day simple moving average of $0.53 and a 200-day simple moving average of $0.97. 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 (NASDAQ:LTRPA) last released its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.63 EPS for the quarter. Liberty TripAdvisor had a negative net margin of 17.66% and a positive return on equity of 49.17%. The company had revenue of $497.00 million during the quarter.

Institutional Trading of Liberty TripAdvisor

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC boosted its holdings in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,356,310 shares of the technology company’s stock after acquiring an additional 2,866,644 shares during the period. Liberty TripAdvisor accounts for about 2.2% of Cove Street Capital LLC’s portfolio, making the stock its 16th largest holding. Cove Street Capital LLC owned approximately 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent quarter. 31.40% of the stock is currently 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.