Liberty TripAdvisor (NASDAQ:LTRPA) Stock Price Passes Above 50-Day Moving Average of $1.24

Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.24 and traded as high as $1.75. Liberty TripAdvisor shares last traded at $1.70, with a volume of 41,186 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Liberty TripAdvisor in a research report on Friday, December 22nd. They set a “hold” rating on the stock.

Liberty TripAdvisor Stock Performance

The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.96. The firm has a market cap of $131.10 million, a price-to-earnings ratio of -0.46 and a beta of 3.75. The stock has a fifty day moving average price of $1.24 and a 200-day moving average price of $0.77.

Liberty TripAdvisor (NASDAQ:LTRPA) last posted its quarterly earnings results on Friday, February 16th. The technology company reported ($0.39) earnings per share for the quarter. Liberty TripAdvisor had a negative net margin of 15.94% and a positive return on equity of 43.52%. The business had revenue of $390.00 million during the quarter.

Institutional Trading of Liberty TripAdvisor

A number of institutional investors have recently modified their holdings of the business. O Shaughnessy Asset Management LLC boosted its position in Liberty TripAdvisor by 240.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 34,932 shares of the technology company’s stock worth $30,000 after purchasing an additional 24,682 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Liberty TripAdvisor by 58.7% in the second 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 last quarter. Morgan Stanley raised its holdings in shares of Liberty TripAdvisor by 142.6% in the fourth 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 last quarter. Jane Street Group LLC raised its holdings in shares of Liberty TripAdvisor by 557.2% in the fourth 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 last quarter. Finally, Verition Fund Management LLC acquired a new position in shares of Liberty TripAdvisor in the first quarter worth $79,000. 31.40% of the stock is currently owned by hedge funds and other institutional investors.

About Liberty TripAdvisor

Liberty TripAdvisor Holdings, Inc operates a travel guidance platform that connects people and audiences with travel partners in the United States, the United Kingdom, and internationally. The company operates in three segments: Brand Tripadvisor, 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.