StockNews.com Begins Coverage on trivago (NASDAQ:TRVG)

StockNews.com began coverage on shares of trivago (NASDAQ:TRVG) in a research note published on Friday. The brokerage issued a buy rating on the technology company’s stock.

Several other research firms also recently commented on TRVG. UBS Group cut their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Susquehanna dropped 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. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, trivago currently has a consensus rating of “Hold” and an average price target of $2.55.

trivago Stock Up 3.3 %

Shares of TRVG opened at $2.48 on Friday. The company has a 50 day moving average of $1.80 and a 200-day moving average of $1.97. The stock has a market capitalization of $173.44 million, a P/E ratio of -35.43 and a beta of 1.76. trivago has a twelve month low of $1.60 and a twelve month high of $3.29.

Institutional Trading of trivago

A hedge fund recently bought a new stake in trivago stock. Tidal Investments LLC purchased a new stake in trivago (NASDAQ:TRVG) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 142,358 shares of the technology company’s stock, valued at approximately $393,000. Tidal Investments LLC owned approximately 0.20% of trivago at the end of the most recent quarter. Institutional investors own 4.50% of the company’s stock.

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.