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

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

Liberty TripAdvisor Stock Performance

Shares of NASDAQ:LTRPA opened at $0.48 on Wednesday. The stock has a market capitalization of $36.84 million, a P/E ratio of -0.11 and a beta of 3.53. Liberty TripAdvisor has a 1-year low of $0.15 and a 1-year high of $1.95. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $0.77 and a two-hundred day moving average price of $1.01.

Liberty TripAdvisor (NASDAQ:LTRPA) last posted its earnings results on Wednesday, May 8th. The technology company reported ($0.86) earnings per share (EPS) for the quarter. The company had revenue of $395.00 million for the quarter. Liberty TripAdvisor had a positive return on equity of 49.17% and a negative net margin of 17.66%.

Hedge Funds Weigh In On 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 fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,356,310 shares of the technology company’s stock after purchasing an additional 2,866,644 shares during the period. Liberty TripAdvisor accounts for 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th biggest position. Cove Street Capital LLC owned about 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 owned by hedge funds and other 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.