trivago (NASDAQ:TRVG - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 257,900 shares, an increase of 43.1% from the February 28th total of 180,200 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 130,800 shares, the days-to-cover ratio is currently 2.0 days.
Analyst Ratings Changes
Several equities analysts recently issued reports on TRVG shares. StockNews.com began coverage on trivago in a research note on Saturday, February 8th. They set a "strong-buy" rating on the stock. Citigroup raised their price target on shares of trivago from $2.60 to $4.50 and gave the company a "neutral" rating in a research note on Monday, March 17th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $2.94.
Get Our Latest Analysis on trivago
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft bought a new position in shares of trivago (NASDAQ:TRVG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 285,804 shares of the technology company's stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago as of its most recent SEC filing. Institutional investors and hedge funds own 4.50% of the company's stock.
trivago Trading Down 4.6 %
TRVG stock traded down $0.21 during trading hours on Thursday, hitting $4.39. 40,723 shares of the stock traded hands, compared to its average volume of 77,340. The stock has a 50-day simple moving average of $4.04 and a 200 day simple moving average of $2.71. trivago has a one year low of $1.60 and a one year high of $5.45. The company has a market cap of $307.02 million, a P/E ratio of -439.00 and a beta of 1.55.
trivago (NASDAQ:TRVG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. Analysts forecast that trivago will post -0.08 earnings per share for the current year.
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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