The stock of Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) hit a new 52-week low and has $16.01 target or 8.00% below today’s $17.40 share price. The 7 months bearish chart indicates high risk for the $1.30B company. The 1-year low was reported on Nov, 9 by Barchart.com. If the $16.01 price target is reached, the company will be worth $104.00M 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 1.60M shares traded hands or 230.62% up from the average. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) has risen 2.02% since April 7, 2016 and is uptrending. It has underperformed by 2.76% 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 news for Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) were recently published by: Nasdaq.com, which released: “Relative Strength Alert For Liberty TripAdvisor Holdings” on November 09, 2016. Businesswire.com‘s article titled: “Liberty TripAdvisor Holdings Enters into Variable Postpaid Forward Transaction” and published on June 07, 2016 is yet another important article.
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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