Travelzoo Inc. (TZOO) Shares Up 9.2%
Travelzoo Inc. (NASDAQ:TZOO) shot up 9.2% during trading on Wednesday . The stock traded as high as $8.85 and last traded at $8.82, with a volume of 104,663 shares traded. The stock had previously closed at $8.08.
Separately, TheStreet lowered Travelzoo to a “sell” rating in a research note on Monday, May 2nd.
The stock has a 50-day moving average of $8.00 and a 200 day moving average of $7.87. The company has a market capitalization of $124.71 million and a PE ratio of 10.64.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.05. The business earned $34.80 million during the quarter, compared to analysts’ expectations of $37.58 million. During the same period in the prior year, the firm posted $0.05 EPS. Travelzoo’s revenue for the quarter was down 11.2% compared to the same quarter last year. Analysts predict that Travelzoo Inc. will post $0.29 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Travelzoo stock. Morgan Stanley boosted its stake in Travelzoo Inc. (NASDAQ:TZOO) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,849 shares of the company’s stock after buying an additional 674 shares during the period. Morgan Stanley owned about 1.26% of Travelzoo worth $1,556,000 at the end of the most recent quarter.
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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