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

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

Liberty TripAdvisor Stock Up 2.9 %

Liberty TripAdvisor stock opened at $0.42 on Thursday. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.95. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $32.58 million, a PE ratio of -0.10 and a beta of 3.52. The firm’s 50 day moving average price is $0.52 and its two-hundred day moving average price is $0.95.

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

Institutional Trading of Liberty TripAdvisor

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC lifted its stake in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 investment portfolio, 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 SEC. 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.