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

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

Liberty TripAdvisor Stock Down 3.9 %

LTRPA opened at $0.51 on Friday. 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 stock has a market cap of $39.25 million, a price-to-earnings ratio of -0.12 and a beta of 3.47. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.95. The company’s 50-day moving average price is $0.49 and its two-hundred day moving average price is $0.82.

Liberty TripAdvisor (NASDAQ:LTRPA) last posted its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.63 earnings per share (EPS) for the quarter. Liberty TripAdvisor had a negative net margin of 15.48% and a positive return on equity of 62.40%. 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 boosted its position in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,356,310 shares of the technology company’s stock after acquiring an additional 2,866,644 shares during the quarter. Liberty TripAdvisor accounts for approximately 2.2% of Cove Street Capital LLC’s portfolio, making the stock its 16th largest holding. Cove Street Capital LLC owned about 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent reporting period. 31.40% of the stock is owned by institutional investors and hedge funds.

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.