StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG - Free Report) in a report published on Wednesday. The firm issued a buy rating on the technology company's stock.
Several other equities research analysts have also issued reports on TRVG. Susquehanna reduced their target price on shares of trivago from $2.25 to $1.75 and set a "neutral" rating for the company in a report on Thursday, November 7th. UBS Group cut their price objective on trivago from $2.25 to $1.95 and set a "neutral" rating for the company in a research report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $2.55.
Read Our Latest Analysis on TRVG
trivago Stock Performance
Shares of NASDAQ TRVG traded up $0.01 during midday trading on Wednesday, hitting $1.68. 26,841 shares of the stock traded hands, compared to its average volume of 58,622. The firm has a market capitalization of $117.30 million, a P/E ratio of -24.00 and a beta of 1.63. trivago has a one year low of $1.60 and a one year high of $3.29. The firm has a 50-day moving average of $1.71 and a two-hundred day moving average of $1.98.
Institutional Investors Weigh In On trivago
Large investors have recently modified their holdings of the business. Tidal Investments LLC purchased a new stake in shares of trivago during the first quarter worth about $393,000. Acadian Asset Management LLC boosted its holdings in trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company's stock valued at $1,966,000 after purchasing an additional 67,053 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of trivago during the 1st quarter valued at about $173,000. Institutional investors own 4.50% of the company's stock.
About trivago
(
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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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