What’s Liberty TripAdvisor Holdings, Inc. (LTRPA) Upside After Making 52-Week High?

June 20, 2018 - By Vivian Park

Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) Logo

The stock of Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) hit a new 52-week high and has $17.84 target or 4.00 % above today’s $17.15 share price. The 7 months bullish chart indicates low risk for the $1.29B company. The 1-year high was reported on Jun, 20 by Barchart.com. If the $17.84 price target is reached, the company will be worth $51.48 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.58% or $0.1 during the last trading session, reaching $17.15. About 255,844 shares traded. Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) has risen 10.57% since June 20, 2017 and is uptrending. It has underperformed by 2.00% the S&P500.

Liberty TripAdvisor Holdings, Inc., through its subsidiaries, engages in online travel research and online commerce businesses. The company has market cap of $1.29 billion. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants worldwide; and helps users plan their trip through its tripadvisor.com Website. It currently has negative earnings. The firm manages and operates travel media brands, providing travel-planning and trip-taking resources in the travel industry; offers click advertising and display advertising services; and provides subscription advertising products to hotels, B&Bs, and other specialty lodging properties.

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