Travelzoo Inc. (TZOO) Trading Up 4.4%
Travelzoo Inc. (NASDAQ:TZOO)’s share price was up 4.4% during mid-day trading on Thursday . The stock traded as high as $12.24 and last traded at $12.21, with a volume of 58,975 shares changing hands. The stock had previously closed at $11.70.
Separately, TheStreet upgraded Travelzoo from a “sell” rating to a “hold” rating in a research note on Tuesday, August 2nd.
The firm has a market cap of $169.46 million and a P/E ratio of 13.26. The stock’s 50-day moving average is $9.66 and its 200 day moving average is $8.32.
Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.05 by $0.09. The firm earned $34.05 million during the quarter, compared to analysts’ expectations of $36.79 million. Travelzoo’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.06 EPS. Equities research 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 boosted its stake in shares of Travelzoo Inc. (NASDAQ:TZOO) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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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