Equities research analysts at StockNews.com began coverage on shares of trivago (NASDAQ:TRVG - Get Free Report) in a report released on Tuesday. The brokerage set a "buy" rating on the technology company's stock.
Other equities research analysts also recently issued research reports about the stock. UBS Group lowered their target price on shares of trivago from $2.25 to $1.95 and set a "neutral" rating for the company in a research note on Wednesday, October 23rd. Susquehanna cut their target price on shares of trivago from $2.25 to $1.75 and set a "neutral" rating for the company in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $2.55.
View Our Latest Stock Analysis on trivago
trivago Stock Performance
Shares of NASDAQ:TRVG traded up $0.02 on Tuesday, hitting $1.67. 127,551 shares of the company were exchanged, compared to its average volume of 59,355. The firm has a market capitalization of $116.25 million, a price-to-earnings ratio of -23.57 and a beta of 1.63. The company's 50 day moving average price is $1.75 and its two-hundred day moving average price is $2.02. trivago has a one year low of $1.60 and a one year high of $5.35.
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 stake in trivago during the 1st quarter valued at $173,000. Acadian Asset Management LLC grew its position in trivago by 10.3% during the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company's stock valued at $1,966,000 after buying an additional 67,053 shares during the period. Finally, Tidal Investments LLC bought a new position in trivago during the first quarter valued at about $393,000. Institutional investors and hedge funds own 4.50% of the company's stock.
About trivago
(
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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