StockNews.com Initiates Coverage on Liberty TripAdvisor (NASDAQ:LTRPA)

StockNews.com initiated coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the technology company’s stock.

Liberty TripAdvisor Price Performance

Liberty TripAdvisor stock opened at $0.62 on Friday. The company’s 50 day simple moving average is $0.54 and its 200-day simple moving average is $1.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.02 and a current ratio of 1.02. Liberty TripAdvisor has a 1 year low of $0.15 and a 1 year high of $1.95. The company has a market capitalization of $47.78 million, a price-to-earnings ratio of -0.15 and a beta of 3.52.

Liberty TripAdvisor (NASDAQ:LTRPA) last released 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 positive return on equity of 49.17% and a negative net margin of 17.66%.

Institutional Trading of Liberty TripAdvisor

An institutional investor recently raised its position in Liberty TripAdvisor stock. Cove Street Capital LLC raised its holdings 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 and Exchange Commission (SEC). The institutional investor owned 8,356,310 shares of the technology company’s stock after buying an additional 2,866,644 shares during the period. Liberty TripAdvisor comprises about 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th largest position. 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.

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.