Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) Raised to “Sell” at BidaskClub

BidaskClub upgraded shares of Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) from a strong sell rating to a sell rating in a research note issued to investors on Thursday morning, BidAskClub reports.

Separately, Guggenheim upgraded Liberty Tripadvisor Holdings Inc Series A from a sell rating to a neutral rating and set a $11.82 price target for the company in a report on Thursday, June 13th.

Liberty Tripadvisor Holdings Inc Series A stock traded down $0.14 during trading hours on Thursday, reaching $9.75. 250,707 shares of the company were exchanged, compared to its average volume of 448,255. The firm has a market cap of $742.49 million, a price-to-earnings ratio of 109.89 and a beta of 1.68. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average of $9.88 and a 200 day moving average of $12.43. Liberty Tripadvisor Holdings Inc Series A has a 12 month low of $7.92 and a 12 month high of $20.63.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last announced its earnings results on Wednesday, August 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.43). The company had revenue of $422.00 million for the quarter. Liberty Tripadvisor Holdings Inc Series A had a return on equity of 0.19% and a net margin of 0.44%.

Hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 493.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,485 shares of the technology company’s stock valued at $31,000 after buying an additional 2,066 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Liberty Tripadvisor Holdings Inc Series A during the 2nd quarter worth about $51,000. Globeflex Capital L P acquired a new stake in shares of Liberty Tripadvisor Holdings Inc Series A during the 1st quarter worth about $118,000. Bank of Montreal Can increased its position in shares of Liberty Tripadvisor Holdings Inc Series A by 214.5% during the 2nd quarter. Bank of Montreal Can now owns 11,062 shares of the technology company’s stock worth $138,000 after purchasing an additional 7,545 shares in the last quarter. Finally, Schroder Investment Management Group acquired a new stake in shares of Liberty Tripadvisor Holdings Inc Series A during the 2nd quarter worth about $179,000. Institutional investors own 93.23% of the company’s stock.

Liberty Tripadvisor Holdings Inc Series A Company Profile

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform provides consumer-generated content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants.

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