Liberty TripAdvisor (NASDAQ:LTRPA) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Liberty TripAdvisor (NASDAQ:LTRPA – Get Rating) in a research note published on Thursday morning. The firm issued a buy rating on the technology company’s stock.

Liberty TripAdvisor Stock Performance

Shares of NASDAQ:LTRPA traded down $0.02 during trading on Thursday, hitting $0.80. The company’s stock had a trading volume of 520,715 shares, compared to its average volume of 336,817. The company has a 50-day moving average of $1.18 and a 200-day moving average of $1.06. Liberty TripAdvisor has a 12 month low of $0.57 and a 12 month high of $2.21. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 2.44. The firm has a market cap of $60.81 million, a price-to-earnings ratio of 2.11 and a beta of 2.32.

Liberty TripAdvisor (NASDAQ:LTRPA – Get Rating) last issued its quarterly earnings data on Friday, February 17th. The technology company reported $0.26 earnings per share for the quarter. Liberty TripAdvisor had a net margin of 2.01% and a return on equity of 1.37%. The firm had revenue of $354.00 million for the quarter.

Institutional Investors Weigh In On Liberty TripAdvisor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in Liberty TripAdvisor by 557.2% during the 4th quarter. Jane Street Group LLC now owns 89,600 shares of the technology company’s stock worth $60,000 after acquiring an additional 75,966 shares during the period. Millennium Management LLC grew its holdings in Liberty TripAdvisor by 17.7% during the 4th quarter. Millennium Management LLC now owns 2,850,324 shares of the technology company’s stock valued at $1,909,000 after buying an additional 427,821 shares in the last quarter. 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 valued at $33,000 after buying an additional 28,685 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in Liberty TripAdvisor during the 4th quarter valued at approximately $1,920,000. Finally, Susquehanna International Group LLP grew its holdings in Liberty TripAdvisor by 47.1% during the 4th quarter. Susquehanna International Group LLP now owns 324,167 shares of the technology company’s stock valued at $217,000 after buying an additional 103,751 shares in the last quarter. Institutional investors own 41.55% of the company’s stock.

About Liberty TripAdvisor

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Liberty TripAdvisor Holdings, Inc engages in the online advertising and commerce business through its subsidiaries. It operates through the following segments: Hotels, Media and Platform, Experiences and Dining, and Corporate and Other. The Hotels, Media and Platform segment includes all Tripadvisor-related brand advertising expenses, primarily television advertising, and technical infrastructure and other costs supporting the Tripadvisor platform.