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

StockNews.com began coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a research note released on Saturday morning. The brokerage issued a buy rating on the technology company’s stock.

Liberty TripAdvisor Trading Up 14.0 %

NASDAQ:LTRPA opened at $0.49 on Friday. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.95. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average price of $0.50 and a two-hundred day moving average price of $0.87. The company has a market cap of $37.79 million, a P/E ratio of -0.12 and a beta of 3.47.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC grew its position in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,356,310 shares of the technology company’s stock after buying an additional 2,866,644 shares during the period. Liberty TripAdvisor makes up 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th biggest position. Cove Street Capital LLC owned 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent quarter. Hedge funds and other 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.