Travelzoo Inc. (TZOO) Hits New 52-Week Low at $8.05

Travelzoo Inc. (NASDAQ:TZOO) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $8.05 and last traded at $8.05, with a volume of 53,732 shares changing hands. The stock had previously closed at $8.50.

Separately, ValuEngine lowered shares of Travelzoo from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd.

The company has a market capitalization of $102.32 million, a P/E ratio of 18.63 and a beta of 1.49. The stock’s 50 day moving average price is $9.15 and its 200 day moving average price is $9.71.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Thursday, July 27th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.01. Travelzoo had a net margin of 5.23% and a return on equity of 22.26%. The company had revenue of $26.40 million during the quarter, compared to the consensus estimate of $27.53 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue was down 11.4% compared to the same quarter last year. On average, equities research analysts expect that Travelzoo Inc. will post $0.19 earnings per share for the current fiscal year.

In related news, Director Ralph Bartel sold 6,791 shares of the stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $10.75, for a total transaction of $73,003.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 161,654 shares of company stock valued at $1,656,215 in the last three months. 58.51% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in TZOO. ClariVest Asset Management LLC boosted its holdings in Travelzoo by 5.4% during the first quarter. ClariVest Asset Management LLC now owns 11,470 shares of the information services provider’s stock worth $111,000 after purchasing an additional 584 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Travelzoo by 4.5% during the first quarter. Bank of New York Mellon Corp now owns 13,887 shares of the information services provider’s stock worth $134,000 after purchasing an additional 603 shares during the last quarter. Brandes Investment Partners LP acquired a new position in Travelzoo during the first quarter worth $141,000. Nine Chapters Capital Management LLC boosted its holdings in Travelzoo by 19.1% during the first quarter. Nine Chapters Capital Management LLC now owns 15,600 shares of the information services provider’s stock worth $151,000 after purchasing an additional 2,504 shares during the last quarter. Finally, TFS Capital LLC acquired a new position in Travelzoo during the first quarter worth $181,000. Institutional investors and hedge funds own 25.13% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Travelzoo Inc. (TZOO) Hits New 52-Week Low at $8.05” was first reported by BBNS and is owned by of BBNS. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://baseballnewssource.com/markets/travelzoo-inc-tzoo-hits-new-52-week-low-at-8-05/1609655.html.

About Travelzoo

Travelzoo, formerly Travelzoo Inc, is a media commerce company. The Company informs over 28 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.

Receive News & Ratings for Travelzoo Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Cleveland Indians Winning Streak Reaches 18
Cleveland Indians Winning Streak Reaches 18


Leave a Reply

 
© 2006-2017 BBNS.