trivago (NASDAQ:TRVG) Research Coverage Started at StockNews.com

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

Several other brokerages have also recently issued reports on TRVG. Susquehanna dropped their price objective on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. UBS Group lowered their target price on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, trivago has an average rating of “Hold” and a consensus target price of $2.55.

trivago Price Performance

Shares of NASDAQ TRVG opened at $2.93 on Thursday. The firm has a 50-day simple moving average of $2.30 and a two-hundred day simple moving average of $2.03. The company has a market cap of $204.91 million, a P/E ratio of -41.85 and a beta of 1.73. trivago has a 1 year low of $1.60 and a 1 year high of $3.29.

Institutional Trading of trivago

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft acquired a new stake in shares of trivago (NASDAQ:TRVG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned about 0.41% of trivago at the end of the most recent reporting period. Institutional investors and hedge funds 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.