The stock of TripAdvisor Inc (NASDAQ:TRIP) last traded at $16.49, up 0.92% from the previous session.
TRIP stock price is now 12.36% away from the 50-day moving average and -16.47% away from the 200-day moving average. The market capitalization of the company currently stands at $2.29B.
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With the price target of $12, Cantor Fitzgerald recently initiated with Underweight rating for TripAdvisor Inc (NASDAQ: TRIP). On August 07, 2024, B. Riley Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $26 to quote $19, while ‘DA Davidson’ rates the stock as ‘Neutral’
A total of 25.48% of the company’s stock is owned by insiders.
During the past 12 months, TripAdvisor Inc has had a low of $12.93 and a high of $28.76. As of last week, the company has a debt-to-equity ratio of 1.07, a current ratio of 1.68, and a quick ratio of 1.68. According to the stock market information, the enterprise value for the company is $2024137216, which is based on a 108.99 price-to-earnings ratio, a 12.11 price-to-earnings-growth ratio, and a beta of 1.41. The fifty day moving average price for TRIP is $14.6338 and a two-hundred day moving average price translates $19.7642 for the stock.
The latest earnings results from TripAdvisor Inc (NASDAQ: TRIP) was released for 2024-06-30. The net profit margin was 1.32% and return on equity was 2.93% for TRIP. The company reported revenue of $497.0 million for the quarter, compared to $494.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.61 percent.
