Travelzoo Inc. (NASDAQ:TZOO) shares reached a new 52-week low during trading on Friday . The company traded as low as $6.25 and last traded at $6.25, with a volume of 1910 shares trading hands. The stock had previously closed at $6.40.
Separately, ValuEngine upgraded shares of Travelzoo from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.
The firm has a market capitalization of $79.75, a P/E ratio of 45.71 and a beta of 1.30.
Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Thursday, October 26th. The information services provider reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.08). Travelzoo had a net margin of 3.49% and a return on equity of 11.59%. The company had revenue of $24.70 million for the quarter, compared to the consensus estimate of $24.29 million. During the same quarter last year, the company earned $0.12 earnings per share. The company’s revenue was down 7.8% compared to the same quarter last year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its stake in Travelzoo by 4.5% during the 1st quarter. Bank of New York Mellon Corp now owns 13,887 shares of the information services provider’s stock valued at $134,000 after acquiring an additional 603 shares during the last quarter. Northern Trust Corp boosted its stake in Travelzoo by 3.8% during the 2nd quarter. Northern Trust Corp now owns 54,944 shares of the information services provider’s stock valued at $601,000 after acquiring an additional 2,034 shares during the last quarter. Macquarie Group Ltd. bought a new position in Travelzoo during the 3rd quarter valued at $168,000. Finally, Municipal Employees Retirement System of Michigan bought a new position in Travelzoo during the 2nd quarter valued at $365,000. Hedge funds and other institutional investors own 24.96% of the company’s stock.
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Travelzoo, formerly Travelzoo Inc, is a media commerce company. The Company informs over 28 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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