TravelCenters of America (NASDAQ:TA) Share Price Passes Above Two Hundred Day Moving Average of $5.12

TravelCenters of America LLC (NASDAQ:TA)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.12 and traded as high as $13.66. TravelCenters of America shares last traded at $13.66, with a volume of 75 shares.

A number of research firms recently commented on TA. ValuEngine raised shares of TravelCenters of America from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 1st. B. Riley lowered their price target on shares of TravelCenters of America from $45.00 to $34.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. Finally, Zacks Investment Research lowered shares of TravelCenters of America from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 7th.

The company has a debt-to-equity ratio of 4.21, a quick ratio of 0.45 and a current ratio of 0.90. The stock has a market capitalization of $100.68 million, a P/E ratio of -4.13 and a beta of 1.63. The firm’s fifty day simple moving average is $8.17 and its 200 day simple moving average is $5.12.

TravelCenters of America (NASDAQ:TA) last released its earnings results on Monday, August 5th. The specialty retailer reported $0.15 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.70). TravelCenters of America had a negative net margin of 1.42% and a negative return on equity of 3.79%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the business earned ($0.05) earnings per share. TravelCenters of America’s quarterly revenue was down 1.7% compared to the same quarter last year. Analysts anticipate that TravelCenters of America LLC will post -1.24 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in TA. Algert Global LLC acquired a new stake in shares of TravelCenters of America in the 2nd quarter valued at approximately $41,000. Cutter & CO Brokerage Inc. acquired a new stake in shares of TravelCenters of America in the 2nd quarter valued at approximately $43,000. Wealth & Pension Services Group Inc. acquired a new stake in shares of TravelCenters of America in the 1st quarter valued at approximately $54,000. Menta Capital LLC boosted its stake in shares of TravelCenters of America by 11.4% in the 2nd quarter. Menta Capital LLC now owns 22,460 shares of the specialty retailer’s stock valued at $81,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Cubic Asset Management LLC acquired a new stake in shares of TravelCenters of America in the 2nd quarter valued at approximately $109,000.

TravelCenters of America Company Profile (NASDAQ:TA)

TravelCenters of America LLC operates travel centers and standalone restaurants in the United States and Canada. Its travel centers offer a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as parking, truck repair and maintenance services, full service restaurants, quick service restaurants, and various customer amenities.

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