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

Research analysts at StockNews.com assumed coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA) in a research report issued to clients and investors on Sunday. The firm set a “buy” rating on the technology company’s stock.

Liberty TripAdvisor Stock Up 1.8 %

Liberty TripAdvisor stock opened at $0.48 on Friday. The stock’s 50 day moving average price is $0.49 and its 200 day moving average price is $0.83. The company has a market cap of $37.15 million, a PE ratio of -0.12 and a beta of 3.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.04 and a quick ratio of 1.04. Liberty TripAdvisor has a 1-year low of $0.15 and a 1-year high of $1.95.

Liberty TripAdvisor (NASDAQ:LTRPA) last posted its 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 62.40% and a negative net margin of 15.48%.

Institutional Trading of Liberty TripAdvisor

A hedge fund recently raised its stake in Liberty TripAdvisor stock. Cove Street Capital LLC increased its holdings in shares of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) by 52.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,356,310 shares of the technology company’s stock after purchasing an additional 2,866,644 shares during the period. Liberty TripAdvisor accounts for about 2.2% of Cove Street Capital LLC’s holdings, making the stock its 16th biggest holding. Cove Street Capital LLC owned approximately 10.91% of Liberty TripAdvisor worth $7,103,000 as of its most recent filing with the Securities and Exchange Commission. 31.40% of the stock is currently 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.