Liberty TripAdvisor (NASDAQ:LTRPA) Now Covered by Analysts at StockNews.com

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

Liberty TripAdvisor Stock Performance

Shares of Liberty TripAdvisor stock opened at $0.47 on Wednesday. The firm has a market cap of $36.25 million, a P/E ratio of -0.11 and a beta of 3.53. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.80. Liberty TripAdvisor has a 12 month low of $0.15 and a 12 month high of $1.95. The stock’s fifty day moving average price is $0.77 and its 200-day moving average price is $1.01.

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

Institutional Investors Weigh In On Liberty TripAdvisor

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC increased its position in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,356,310 shares of the technology company’s stock after purchasing an additional 2,866,644 shares during the quarter. Liberty TripAdvisor accounts for approximately 2.2% of Cove Street Capital LLC’s investment portfolio, making the stock its 16th largest holding. Cove Street Capital LLC owned 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent quarter. Institutional investors and hedge funds own 31.40% of the company’s stock.

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.