Liberty Expedia Holdings Inc Series B (Nasdaq:LEXEB)
June 13th, 2019
With markets going up Liberty Expedia Holdings Inc Series B went up $1.38 Thursday, up 3.24%, closing at $43.94. While it is positive news the stock ended higher, the trading volumes were only 12.00% 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 0.39.
LEXEB outperformed the rest of the Consumer Discretionary sector which went up 0.90% today.
The market sectors were mixed Thursday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.25%), while the Healthcare sector saw the biggest drop (-0.11%). Information Technology has seen the biggest year-to-date gain of 23.06%.
Utilities saw the biggest turn-around compared to its 5-day performance (-0.31%), as it went up by 0.15%. Healthcare saw a turn-around from its 5-day performance of 2.18% trading down -0.11%.
- Energy, up 1.25%.
- Communication Services, up 1.14%.
- Consumer Discretionary, up 0.90%.
- Materials, up 0.58%.
- Industrials, up 0.54%.
- Financials, up 0.23%.
- Information Technology, up 0.22%.
- Utilities, up 0.15%.
- Consumer Staples, up 0.11%.
- Real Estate, up 0.09%.
- Healthcare, down -0.11%.
Liberty Expedia Holdings Inc Series B Info
Liberty Expedia Holdings, Inc. operates as an online travel company in the United States and internationally. The company enables business and leisure travelers to research, plan, book, and experience travel. It also provides travel and non-travel advertisers access to a potential source of incremental traffic and transactions through its various media and advertising offerings on its websites. In addition, the company operates as an Internet retailer of dietary supplements, sports nutrition products, and other health and wellness products, as well as publishes online health and fitness content, which offers workout programs, video databases, articles, recipes, health advice, and motivational stories. Further, it offers paid subscription model for structured online fitness trainers and nutrition education. The company operates under the Brand Expedia, Hotels.com, Expedia Partner Solutions, trivago, HomeAway, Egencia, Orbitz, CheapTickets, ebookers, Travelocity, Hotwire, Wotif Group, CarRentals.com, Classic Vacations, Expedia Local Expert, Expedia CruiseShipCenters, and SilverRail Technologies, Inc. brands. Liberty Expedia Holdings, Inc. was incorporated in 2016 and is based 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 Expedia Holdings Inc Series B’s score is 0.39) 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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