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

Equities researchers at StockNews.com began coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a report released on Sunday. The firm set a “buy” rating on the technology company’s stock.

Liberty TripAdvisor Price Performance

NASDAQ LTRPA opened at $0.48 on Friday. The firm’s fifty day simple moving average is $0.49 and its two-hundred day simple moving average is $0.83. The firm has a market capitalization of $37.15 million, a P/E ratio of -0.12 and a beta of 3.47. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.74. Liberty TripAdvisor has a 12-month low of $0.15 and a 12-month high of $1.95.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC raised its stake in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% during the 4th quarter, according to 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 purchasing an additional 2,866,644 shares during the period. Liberty TripAdvisor accounts for about 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 as of its most recent filing with the Securities & Exchange Commission. 31.40% of the stock is currently owned by institutional investors and hedge funds.

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.