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

Equities research analysts at StockNews.com started coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a research report issued on Wednesday. The brokerage set a “hold” rating on the technology company’s stock.

Liberty TripAdvisor Stock Performance

Shares of NASDAQ LTRPA opened at $0.48 on Wednesday. The company has a market cap of $36.84 million, a PE ratio of -0.11 and a beta of 3.53. Liberty TripAdvisor has a 12 month low of $0.15 and a 12 month high of $1.95. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.02 and a quick ratio of 1.02. The company has a 50-day simple moving average of $0.79 and a 200-day simple moving average of $1.01.

Liberty TripAdvisor (NASDAQ:LTRPA) last issued its quarterly earnings results on Wednesday, May 8th. The technology company reported ($0.86) 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 $395.00 million for the quarter.

Institutional Investors Weigh In On Liberty TripAdvisor

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC boosted its stake in Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,356,310 shares of the technology company’s stock after purchasing an additional 2,866,644 shares during the quarter. Liberty TripAdvisor comprises 2.2% of Cove Street Capital LLC’s portfolio, making the stock its 16th largest position. Cove Street Capital LLC owned about 10.91% of Liberty TripAdvisor worth $7,103,000 as of its most recent filing with the SEC. 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.