trivago (NASDAQ:TRVG – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 180,200 shares, a growth of 42.2% from the February 13th total of 126,700 shares. Based on an average daily volume of 124,700 shares, the short-interest ratio is currently 1.4 days. Approximately 0.8% of the company’s stock are short sold.
Analysts Set New Price Targets
A number of analysts have recently weighed in 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 report on Monday. StockNews.com assumed coverage on shares of trivago in a report on Saturday, February 8th. They issued a “strong-buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, trivago currently has an average rating of “Moderate Buy” and a consensus price target of $2.94.
Read Our Latest Stock Report on trivago
trivago Stock Up 3.2 %
trivago (NASDAQ:TRVG – Get Free Report) last released its earnings results on Tuesday, February 4th. The technology company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. On average, equities research analysts expect that trivago will post -0.08 earnings per share for the current year.
Institutional Trading of trivago
An institutional investor recently bought a new position in trivago stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of trivago (NASDAQ:TRVG – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 288,236 shares of the technology company’s stock, valued at approximately $628,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.41% of trivago at the end of the most recent quarter. 4.50% of the stock is owned by 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.
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