trivago (NASDAQ:TRVG) Now Covered by StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a note issued to investors on Thursday. The brokerage set a “buy” rating on the technology company’s stock.

Other analysts have also issued reports about the stock. Susquehanna lowered their price target on shares of trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. UBS Group lowered their price target on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, trivago presently has an average rating of “Hold” and a consensus price target of $2.55.

trivago Price Performance

TRVG stock opened at $2.18 on Thursday. The company’s 50 day simple moving average is $1.71 and its 200-day simple moving average is $1.96. The firm has a market capitalization of $152.21 million, a PE ratio of -31.14 and a beta of 1.63. trivago has a 12 month low of $1.60 and a 12 month high of $3.29.

Institutional Trading of trivago

A hedge fund recently bought a new stake in trivago stock. Tidal Investments LLC bought a new position in shares of trivago (NASDAQ:TRVG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 142,358 shares of the technology company’s stock, valued at approximately $393,000. Tidal Investments LLC owned about 0.20% of trivago as of its most recent filing with the Securities and Exchange Commission (SEC). 4.50% of the stock is owned by hedge funds and other institutional investors.

trivago Company Profile

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.