StockNews.com initiated coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA – Free Report) in a research report report published on Sunday morning. The brokerage issued a hold rating on the technology company’s stock.
Liberty TripAdvisor Stock Performance
NASDAQ LTRPA opened at $0.38 on Friday. The company has a market capitalization of $29.09 million, a price-to-earnings ratio of -0.91 and a beta of 2.45. Liberty TripAdvisor has a twelve month low of $0.15 and a twelve month high of $1.68. The stock has a fifty day simple moving average of $0.45 and a 200 day simple moving average of $0.60. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.53.
Institutional Trading of Liberty TripAdvisor
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA increased its holdings in Liberty TripAdvisor by 26.2% in the first quarter. BNP Paribas Arbitrage SA now owns 51,568 shares of the technology company’s stock valued at $106,000 after purchasing an additional 10,697 shares during the period. Engineers Gate Manager LP grew its holdings in Liberty TripAdvisor by 15.2% during the 1st quarter. Engineers Gate Manager LP now owns 120,821 shares of the technology company’s stock worth $248,000 after acquiring an additional 15,926 shares during the period. Citadel Advisors LLC grew its holdings in Liberty TripAdvisor by 58.7% during the 2nd quarter. Citadel Advisors LLC now owns 47,010 shares of the technology company’s stock worth $31,000 after acquiring an additional 17,396 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in Liberty TripAdvisor by 240.8% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 34,932 shares of the technology company’s stock worth $30,000 after acquiring an additional 24,682 shares during the period. Finally, Morgan Stanley grew its holdings in Liberty TripAdvisor by 142.6% during the 4th quarter. Morgan Stanley now owns 48,796 shares of the technology company’s stock worth $33,000 after acquiring an additional 28,685 shares during the period. 37.42% of the stock is currently owned by institutional investors and hedge funds.
About Liberty TripAdvisor
Liberty TripAdvisor Holdings, Inc, through its subsidiaries, operates a travel guidance platform that connects people and audience with travel partners. The company operates through three segments: Tripadvisor Core, 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 in approximately 40 countries and 20 languages worldwide.
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