Liberty TripAdvisor (NASDAQ:LTRPA) Raised to “Buy” at StockNews.com

Liberty TripAdvisor (NASDAQ:LTRPA) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Monday.

Liberty TripAdvisor Stock Down 3.3 %

Shares of LTRPA traded down $0.02 on Monday, reaching $0.49. The company’s stock had a trading volume of 298,919 shares, compared to its average volume of 409,390. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.95. The stock has a market capitalization of $37.41 million, a PE ratio of -0.12 and a beta of 3.52. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.80. The firm has a fifty day moving average of $0.54 and a 200-day moving average of $0.98.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC raised its position in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,356,310 shares of the technology company’s stock after buying an additional 2,866,644 shares during the period. Liberty TripAdvisor accounts for 2.2% of Cove Street Capital LLC’s investment portfolio, making the stock its 16th biggest holding. Cove Street Capital LLC owned 10.91% of Liberty TripAdvisor worth $7,103,000 at the end of the most recent quarter. 31.40% of the stock is currently owned by hedge funds and other institutional investors.

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.