trivago (NASDAQ:TRVG) Stock Price Down 1.9%

trivago (NASDAQ:TRVG) traded down 1.9% on Tuesday . The company traded as low as $2.53 and last traded at $2.55. 28,380 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 73,789 shares. The stock had previously closed at $2.60.

Wall Street Analyst Weigh In

Several analysts have issued reports on TRVG shares. StockNews.com raised trivago from a “hold” rating to a “buy” rating in a research note on Thursday, February 8th. UBS Group reduced their price target on trivago from $6.25 to $2.25 and set a “neutral” rating for the company in a research report on Monday, February 5th. B. Riley raised their price target on shares of trivago from $1.40 to $3.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 26th. Finally, Mizuho cut their price objective on shares of trivago from $7.50 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 17th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.34.

trivago Stock Performance

The company has a market cap of $174.32 million and a P/E ratio of -0.97. The stock’s fifty day moving average price is $2.62 and its two-hundred day moving average price is $3.15.

trivago (NASDAQ:TRVG) last issued its earnings results on Tuesday, February 6th. The technology company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The firm had revenue of $98.74 million during the quarter, compared to the consensus estimate of $98.20 million. trivago had a positive return on equity of 8.00% and a negative net margin of 34.12%. On average, equities research analysts forecast that trivago will post -0.08 EPS for the current year.

Institutional Investors Weigh In On trivago

Several hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC increased its stake in shares of trivago by 253.7% in the first quarter. Acadian Asset Management LLC now owns 81,837 shares of the technology company’s stock valued at $192,000 after buying an additional 58,698 shares during the period. Renaissance Group LLC acquired a new stake in trivago during the 1st quarter valued at approximately $1,135,000. Renaissance Technologies LLC acquired a new stake in trivago during the 1st quarter valued at approximately $425,000. Goldman Sachs Group Inc. bought a new position in trivago during the 1st quarter worth approximately $140,000. Finally, Penn Capital Management Company LLC acquired a new position in shares of trivago in the 1st quarter worth approximately $2,418,000. 4.50% of the stock is currently owned by institutional investors and hedge funds.

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.