Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) Stock Price Down 7.8%

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) was down 7.8% during mid-day trading on Wednesday . The company traded as low as $9.50 and last traded at $9.52, approximately 524,252 shares were traded during mid-day trading. An increase of 32% from the average daily volume of 395,848 shares. The stock had previously closed at $10.32.

A number of equities analysts recently commented on LTRPA shares. Guggenheim upgraded Liberty Tripadvisor Holdings Inc Series A from a “sell” rating to a “neutral” rating and set a $11.82 price objective on the stock in a report on Thursday, June 13th. ValuEngine downgraded Liberty Tripadvisor Holdings Inc Series A from a “buy” rating to a “hold” rating in a report on Monday, May 13th. Finally, BidaskClub downgraded Liberty Tripadvisor Holdings Inc Series A from a “sell” rating to a “strong sell” rating in a report on Wednesday.

The business has a fifty day moving average of $11.78. The stock has a market cap of $774.77 million, a PE ratio of 119.44 and a beta of 1.61. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06.

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

A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 4.6% in the fourth quarter. Bank of America Corp DE now owns 206,115 shares of the technology company’s stock worth $3,274,000 after acquiring an additional 9,108 shares during the period. Legal & General Group Plc raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 27.9% in the fourth quarter. Legal & General Group Plc now owns 29,746 shares of the technology company’s stock worth $473,000 after acquiring an additional 6,488 shares during the period. Amalgamated Bank acquired a new position in shares of Liberty Tripadvisor Holdings Inc Series A in the fourth quarter worth about $174,000. Norges Bank acquired a new position in shares of Liberty Tripadvisor Holdings Inc Series A in the fourth quarter worth about $14,121,000. Finally, Geode Capital Management LLC raised its position in shares of Liberty Tripadvisor Holdings Inc Series A by 29.2% in the fourth quarter. Geode Capital Management LLC now owns 1,237,402 shares of the technology company’s stock worth $19,661,000 after acquiring an additional 279,937 shares during the period. Institutional investors own 92.12% of the company’s stock.

Liberty Tripadvisor Holdings Inc Series A Company Profile (NASDAQ:LTRPA)

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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