Liberty TripAdvisor (NASDAQ:LTRPA) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.48 and traded as high as $0.49. Liberty TripAdvisor shares last traded at $0.49, with a volume of 16,914 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Liberty TripAdvisor in a research note on Tuesday. They issued a “buy” rating for the company.

Liberty TripAdvisor Stock Performance

The company has a debt-to-equity ratio of 0.74, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a 50 day simple moving average of $0.48 and a two-hundred day simple moving average of $0.76. The company has a market cap of $37.41 million, a PE ratio of -0.12 and a beta of 3.47.

Liberty TripAdvisor (NASDAQ:LTRPA) last released its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.63 EPS for the quarter. Liberty TripAdvisor had a positive return on equity of 62.40% and a negative net margin of 15.48%. The business had revenue of $497.00 million during the quarter.

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.