(Nasdaq:LTRPB) Liberty Tripadvisor Holdings Inc Series B Trades At Over Twice The 52 Week Low

LTRPB
LTRPB

Liberty Tripadvisor Holdings Inc Series B (Nasdaq:LTRPB)

December 5th, 2018
Amidst falling markets Liberty Tripadvisor Holdings Inc Series B fell $0.10 Tuesday which equals a 0.53% drop, closing at $18.60. While the stock did drop today, remember that it is still trading at 107% of its 52 week low of $9.00. In addition to the stock finishing lower, the trading volumes were only 0.00% of normal which could be an indication of investor uncertainty. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be -0.31.

LTRPB outperformed the rest of the Consumer Discretionary sector which went down only 3.91% today.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

Liberty Tripadvisor Holdings Inc Series B Info

Liberty TripAdvisor Holdings, Inc., through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform user-generated reviews and opinions about destinations, accommodations, activities and attractions, and restaurants worldwide; and enables people plan and book a trip. The company manages and operates 20 other travel media brands, providing travel-planning and trip-taking resources in the travel industry; offers click-based advertising and display-based advertising services; and provides subscription-based advertising products to hotels, B&Bs, and other specialty lodging properties. It also operates Viator, a Website that offers research, book, and experience activities and attractions in travel destinations; and TheFork, an online restaurant booking platform operating various sites. In addition, the company supplier costumes, accessories, seasonal décor, and party supplies Celebrate Express Websites; and provides vacation rental services through various Websites. Liberty TripAdvisor Holdings, Inc. is headquartered in Englewood, Colorado.

All amounts in USD unless otherwise indicated

(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that Liberty Tripadvisor Holdings Inc Series B’s score is -0.31) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.

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