Liberty TripAdvisor (NASDAQ:LTRPA) Stock Passes Above 50 Day Moving Average of $1.46

Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.46 and traded as high as $1.55. Liberty TripAdvisor shares last traded at $1.43, with a volume of 201,225 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Liberty TripAdvisor in a research report on Friday, December 22nd. They issued a “hold” rating for the company.

Liberty TripAdvisor Price Performance

The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.30 and a current ratio of 2.30. The firm’s fifty day simple moving average is $1.48 and its 200 day simple moving average is $0.89. The stock has a market capitalization of $106.89 million, a price-to-earnings ratio of -0.37 and a beta of 3.75.

Liberty TripAdvisor (NASDAQ:LTRPA) last issued its quarterly earnings results on Friday, February 16th. The technology company reported ($0.39) EPS for the quarter. The firm had revenue of $390.00 million during the quarter. Liberty TripAdvisor had a negative net margin of 15.94% and a positive return on equity of 43.52%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in LTRPA. Cove Street Capital LLC grew its holdings in Liberty TripAdvisor by 52.2% during the fourth quarter. Cove Street Capital LLC now owns 8,356,310 shares of the technology company’s stock worth $7,103,000 after purchasing an additional 2,866,644 shares during the period. Millennium Management LLC lifted its position in shares of Liberty TripAdvisor by 215.7% in the second quarter. Millennium Management LLC now owns 3,969,131 shares of the technology company’s stock valued at $3,003,000 after buying an additional 2,712,010 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Liberty TripAdvisor by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 3,766,638 shares of the technology company’s stock worth $7,722,000 after acquiring an additional 191,637 shares during the last quarter. Wittenberg Investment Management Inc. increased its holdings in shares of Liberty TripAdvisor by 13.2% during the 3rd quarter. Wittenberg Investment Management Inc. now owns 3,146,100 shares of the technology company’s stock worth $1,538,000 after acquiring an additional 366,785 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in Liberty TripAdvisor in the 4th quarter valued at $1,920,000. Institutional investors and hedge funds own 31.40% of the company’s stock.

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.