Investment analysts at StockNews.com started coverage on shares of trivago (NASDAQ:TRVG - Get Free Report) in a research note issued on Monday. The firm set a "buy" rating on the technology company's stock.
A number of other brokerages have also weighed in on TRVG. Susquehanna lowered their target price on trivago from $2.50 to $2.25 and set a "neutral" rating for the company in a research note on Thursday, August 1st. UBS Group dropped their price objective on shares of trivago from $2.25 to $1.95 and set a "neutral" rating for the company in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, trivago has a consensus rating of "Hold" and an average price target of $2.68.
Get Our Latest Stock Analysis on trivago
trivago Price Performance
NASDAQ:TRVG remained flat at $1.68 during mid-day trading on Monday. The company had a trading volume of 12,623 shares, compared to its average volume of 58,741. The firm's 50 day moving average price is $1.78 and its 200 day moving average price is $2.05. The company has a market capitalization of $117.30 million, a price-to-earnings ratio of -0.57 and a beta of 1.63. trivago has a 1 year low of $1.60 and a 1 year high of $5.45.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of TRVG. BNP Paribas Financial Markets bought a new position in shares of trivago in the first quarter valued at about $173,000. Acadian Asset Management LLC increased its stake in shares of trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company's stock worth $1,966,000 after purchasing an additional 67,053 shares during the period. Finally, Tidal Investments LLC acquired a new stake in trivago during the 1st quarter worth approximately $393,000. Institutional investors own 4.50% of the company's stock.
trivago Company Profile
(
Get Free Report)
trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.
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