TheStreet Downgrades Travelzoo (NASDAQ:TZOO) to D

Travelzoo (NASDAQ:TZOO) was downgraded by equities research analysts at TheStreet from a “c-” rating to a “d” rating in a research report issued to clients and investors on Friday, TheStreetRatingsTable reports.

Separately, ValuEngine lowered Travelzoo from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd.

Shares of Travelzoo stock opened at $5.91 on Friday. Travelzoo has a 52 week low of $3.04 and a 52 week high of $15.95. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a 50 day moving average price of $6.16 and a two-hundred day moving average price of $7.65. The stock has a market capitalization of $66.85 million, a PE ratio of -12.06 and a beta of 1.81.

A number of institutional investors have recently bought and sold shares of the stock. State Street Corp grew its position in Travelzoo by 7.8% during the first quarter. State Street Corp now owns 78,720 shares of the information services provider’s stock worth $309,000 after buying an additional 5,702 shares in the last quarter. Engineers Gate Manager LP bought a new stake in Travelzoo during the first quarter worth about $68,000. Two Sigma Investments LP bought a new stake in Travelzoo during the first quarter worth about $101,000. Two Sigma Advisers LP lifted its stake in Travelzoo by 15.1% during the first quarter. Two Sigma Advisers LP now owns 26,717 shares of the information services provider’s stock worth $105,000 after purchasing an additional 3,500 shares during the last quarter. Finally, PEAK6 Investments LLC lifted its stake in Travelzoo by 56.8% during the first quarter. PEAK6 Investments LLC now owns 120,740 shares of the information services provider’s stock worth $475,000 after purchasing an additional 43,739 shares during the last quarter. Institutional investors and hedge funds own 37.35% of the company’s stock.

Travelzoo Company Profile

Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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