NEW YORK (AP) _ Travelzoo (TZOO) on Thursday reported a second-quarter loss of $6.2 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 55 cents per share. Losses, adjusted to account for discontinued operations, were 48 cents per share.
- NEW YORK (AP) — Travelzoo (TZOO) on Wednesday reported a third-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.
- Travelzoo (TZOO) Reports Q3 Loss, Tops Revenue Estimates Travelzoo (TZOO) delivered earnings and revenue surprises of 33.33% and 14.80%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
New rival casinos. Travelzoo (TZOO) Reports Q3 Loss, Tops Revenue Estimates Travelzoo (TZOO) delivered earnings and revenue surprises of 33.33% and 14.80%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock? Travelzoo, which came to be on the strength of dot-com promotional blitz that included stock giveaways and more recently became a rising star among e-commerce stocks, today said the Securities.
The global media commerce company posted revenue of $7 million in the period.
Travelzoo shares have declined 45% since the beginning of the year. The stock has declined 53% in the last 12 months.
_____ Horn to control dragons.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TZOO at https://www.zacks.com/ap/TZOO
The Associated Press
Strong day for Travelzoo Inc. stock price on Monday rising 7.01% to $8.85 (Updated on November 16, 2020)
Buy candidate since 2020-11-02Gain 21.57% PDF
The Travelzoo Inc. stock price gained 7.01% on the last trading day (Monday, 16th Nov 2020), rising from $8.27 to $8.85. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.28% from a day low at $8.53 to a day high of $8.98. The price has risen in 7 of the last 10 days and is up by 21.57% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 52 thousand more shares were traded than the day before. In total, 73 thousand shares were bought and sold for approximately $650.47 thousand.
The stock has broken the very wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $8.80, a level that may pose a second chance to hit a runner. According to fan-theory $11.20 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
Signals & Forecast
The Travelzoo Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $8.22 and $7.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, September 24, 2020, and so far it has risen 43.90%. Further rise is indicated until a new top pivot has been found. Travelzoo Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD).
Yahoo Travelzoo
Support, Risk & Stop-loss
On the downside, the stock finds support just below today's level from accumulated volume at $8.27 and $7.94. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Travelzoo Inc. finds support just below today's level at $8.27. If this is broken, then the next support from accumulated volume will be at $7.94 and $7.48.
This stock has average movements during a day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.45 between high and low, or 5.28%. For the last week, the stock has had a daily average volatility of 7.32%.
Our recommended stop-loss:$8.51(-3.80%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 37 days ago.)
Is Travelzoo Inc. stock A Buy?
Travelzoo Stock Redemption
Travelzoo Inc. holds several positive signals and has broken the weak rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy Candidate to a Strong Buy Candidate candidate.
Current score:6.944
Predicted Opening Price for Travelzoo Inc. of Tuesday, November 17, 2020
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
| Fair opening price November 17, 2020 | Current price |
|---|---|
| $8.79 | $8.85(Overvalued) |
Barrington Research is very positive to TZOO and gave it a 'Buy' rating on September 15, 2020. The price target was set to $11.00.
Travelzoo Website
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Price: $8.85
