The stock of Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) hit a new 52-week low and has $14.74 target or 7.00% below today’s $15.85 share price. The 6 months bearish chart indicates high risk for the $1.17 billion company. The 1-year low was reported on Dec, 1 by Barchart.com. If the $14.74 price target is reached, the company will be worth $81.90 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 86,504 shares traded hands. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) has declined 25.97% since April 28, 2016 and is downtrending. It has underperformed by 31.89% the S&P500.
According to Zacks Investment Research, “Liberty TripAdvisor Holdings, Inc.’s businesses consist of its subsidiaries TripAdvisor and BuySeasons. TripAdvisor is an online travel community, aggregating reviews and opinions from its community of travelers about destinations, accommodations, restaurants and activities throughout the world. BuySeasons is an online retailer of costumes and party supplies. Liberty TripAdvisor Holdings, Inc. is based in Englewood, Colorado.”
More recent Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) news were published by: Finance.Yahoo.com which released: “Liberty TripAdvisor Holdings, Inc. to Present at the Morgan Stanley European …” on November 14, 2016. Also Nasdaq.com published the news titled: “Relative Strength Alert For Liberty TripAdvisor Holdings” on November 09, 2016. Businesswire.com‘s news article titled: “Liberty TripAdvisor Holdings Enters into Variable Postpaid Forward Transaction” with publication date: June 07, 2016 was also an interesting one.
LTRPA Company Profile
Liberty TripAdvisor Holdings, Inc. (TripCo), incorporated on July 25, 2013, is a holding company. The Company, through its ownership of interests in subsidiaries and other companies, is engaged in the online travel research and online commerce industries. TripCo holds the subsidiaries TripAdvisor, Inc. (TripAdvisor) and BuySeasons, Inc., which includes the retail businesses of BuyCostumes.com and Celebrate Express (BuySeasons), both of which operate as standalone operating entities.
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