Travelzoo Inc. (TZOO) Sees Strong Trading Volume
Shares of Travelzoo Inc. (NASDAQ:TZOO) saw unusually-high trading volume on Friday . Approximately 93,321 shares were traded during trading, an increase of 80% from the previous session’s volume of 51,891 shares.The stock last traded at $11.52 and had previously closed at $10.86.
Separately, TheStreet raised shares of Travelzoo from a “sell” rating to a “hold” rating in a research note on Tuesday.
The firm has a 50 day moving average price of $8.76 and a 200-day moving average price of $8.08. The company has a market cap of $162.03 million and a PE ratio of 12.48.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.09. During the same quarter in the previous year, the company posted $0.06 earnings per share. The business had revenue of $34.05 million for the quarter, compared to analysts’ expectations of $36.79 million. The business’s quarterly revenue was down 7.4% compared to the same quarter last year. Equities analysts expect that Travelzoo Inc. will post $0.29 EPS for the current year.
A hedge fund recently raised its stake in Travelzoo stock. Dimensional Fund Advisors LP raised its position in shares of Travelzoo Inc. (NASDAQ:TZOO) by 3.4% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 filing with the SEC.
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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