trivago (NASDAQ:TRVG) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of trivago (NASDAQ:TRVG) in a research report sent to investors on Thursday. The firm issued a buy rating on the technology company’s stock.

Other research analysts have also recently issued reports about the company. Susquehanna dropped their target price on 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 objective on shares of trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $2.55.

trivago Price Performance

NASDAQ TRVG opened at $2.17 on Thursday. The stock has a market capitalization of $151.77 million, a price-to-earnings ratio of -31.00 and a beta of 1.63. trivago has a 1-year low of $1.60 and a 1-year high of $3.29. The business’s fifty day moving average price is $1.73 and its 200-day moving average price is $1.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in trivago stock. Tidal Investments LLC bought a new position in trivago (NASDAQ:TRVG) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 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.

About trivago

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.