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

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

Liberty TripAdvisor Trading Up 10.2 %

Shares of NASDAQ:LTRPA opened at $0.46 on Wednesday. The company has a market cap of $35.48 million, a P/E ratio of -0.11 and a beta of 3.52. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.02 and a quick ratio of 1.02. Liberty TripAdvisor has a 1 year low of $0.15 and a 1 year high of $1.95. The stock’s fifty day moving average price is $0.53 and its 200-day moving average price is $0.96.

Liberty TripAdvisor (NASDAQ:LTRPA) last announced its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.63 earnings per share (EPS) for the quarter. The firm had revenue of $497.00 million for the quarter. Liberty TripAdvisor had a positive return on equity of 49.17% and a negative net margin of 17.66%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC grew its stake in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,356,310 shares of the technology company’s stock after buying an additional 2,866,644 shares during the quarter. Liberty TripAdvisor makes up 2.2% of Cove Street Capital LLC’s portfolio, making the stock its 16th biggest holding. 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 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.