Travelzoo Inc. (TZOO) Trading Up 4.4%
Shares of Travelzoo Inc. (NASDAQ:TZOO) were up 4.4% during mid-day trading on Thursday . The company traded as high as $12.24 and last traded at $12.21, with a volume of 58,975 shares. The stock had previously closed at $11.70.
Separately, TheStreet raised Travelzoo from a “sell” rating to a “hold” rating in a research note on Tuesday, August 2nd.
The stock has a 50 day moving average price of $9.77 and a 200-day moving average price of $8.35. The stock has a market cap of $167.11 million and a price-to-earnings ratio of 13.08.
Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.09. The firm had revenue of $34.05 million for the quarter, compared to analysts’ expectations of $36.79 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, analysts expect that Travelzoo Inc. will post $0.36 earnings per share for the current year.
An institutional investor recently raised its position in Travelzoo stock. Dimensional Fund Advisors LP raised its position in Travelzoo Inc. (NASDAQ:TZOO) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 208,098 shares of the company’s stock after buying an additional 6,936 shares during the period. Dimensional Fund Advisors LP owned approximately 1.41% of Travelzoo worth $1,742,000 as of its most recent SEC filing.
Travelzoo Inc (Travelzoo) is a media commerce company. The Company informs over 30 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.
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