Travelzoo’s recent filing unveils that its 10% Owner AZZURRO CAPITAL INC unloaded Company’s shares for reported $39100.0 on Jun 13 ’24. In the deal valued at $7.82 per share,5,000 shares were sold. As a result of this transaction, AZZURRO CAPITAL INC now holds 5,114,871 shares worth roughly $40.0 million.
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Then, AZZURRO CAPITAL INC sold 22,500 shares, generating $175,500 in total proceeds. Upon selling the shares at $7.80, the 10% Owner now owns 5,119,871 shares.
Before that, AZZURRO CAPITAL INC sold 17,500 shares. Travelzoo shares valued at $134,925 were divested by the 10% Owner at a price of $7.71 per share. As a result of the transaction, AZZURRO CAPITAL INC now holds 5,142,371 shares, worth roughly $40.21 million.
Barrington Research upgraded its Travelzoo [TZOO] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Noble Capital Markets’s analysts, who increased its forecast for the stock in late April from “a Market perform” to “an Outperform”. Ascendiant Capital Markets also remained covering TZOO and has increased its forecast on March 26, 2021 with a “Buy” recommendation from previously “Neutral” rating. Noble Capital Markets revised its rating on March 18, 2021. It rated TZOO as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of TZOO
On Tuesday, Travelzoo [NASDAQ:TZOO] saw its stock fall -0.76% to $7.82. Over the last five days, the stock has lost -2.25%. Travelzoo shares have fallen nearly -17.94% since the year began. Nevertheless, the stocks have fallen -15.82% over the past one year. While a 52-week high of $11.23 was reached on 03/26/24, a 52-week low of $4.77 was recorded on 06/14/24. SMA at 50 days reached $8.44, while 200 days put it at $8.37. A total of 61728.0 shares were traded, compared to the trading of 63400.0 shares in the previous session.
Levels Of Support And Resistance For TZOO Stock
The 24-hour chart illustrates a support level at 7.69, which if violated will result in even more drops to 7.56. On the upside, there is a resistance level at 7.97. A further resistance level may holdings at 8.12. The Relative Strength Index (RSI) on the 14-day chart is 41.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.88%. Stochastics %K at 30.12% indicates the stock is a holding.
The most recent change occurred on September 14, 2020 when Noble Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11.50 price target.
