TravelCenters of America LLC (NASDAQ:TA)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $12.80. TravelCenters of America shares last traded at $12.59, with a volume of 4,827 shares trading hands.

A number of research firms have commented on TA. B. Riley reduced 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. 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. Finally, ValuEngine upgraded shares of TravelCenters of America from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 1st.

The stock has a market capitalization of $104.85 million, a price-to-earnings ratio of -4.01 and a beta of 1.63. The company has a quick ratio of 0.45, a current ratio of 0.90 and a debt-to-equity ratio of 4.21. The stock’s 50-day simple moving average is $6.86 and its 200 day simple moving average is $4.84.

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

Several hedge funds have recently made changes to their positions in the company. Menta Capital LLC lifted its position in shares of TravelCenters of America by 11.4% during the second quarter. Menta Capital LLC now owns 22,460 shares of the specialty retailer’s stock worth $81,000 after purchasing an additional 2,300 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of TravelCenters of America by 3.0% during the second quarter. Oppenheimer & Co. Inc. now owns 108,900 shares of the specialty retailer’s stock worth $394,000 after purchasing an additional 3,200 shares in the last quarter. Falcon Point Capital LLC lifted its position in shares of TravelCenters of America by 2.5% during the first quarter. Falcon Point Capital LLC now owns 151,036 shares of the specialty retailer’s stock worth $621,000 after purchasing an additional 3,647 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of TravelCenters of America by 27.4% during the second quarter. Wells Fargo & Company MN now owns 51,718 shares of the specialty retailer’s stock worth $186,000 after purchasing an additional 11,117 shares in the last quarter. Finally, Boston Partners lifted its position in shares of TravelCenters of America by 3.5% during the first quarter. Boston Partners now owns 329,201 shares of the specialty retailer’s stock worth $1,353,000 after purchasing an additional 11,192 shares in the last quarter.

About TravelCenters of America (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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