Trivago (TRVG) Trading Down 5.4%
Trivago NV – (NASDAQ:TRVG) was down 5.4% during trading on Tuesday . The stock traded as low as $4.66 and last traded at $4.69. Approximately 537,594 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 497,809 shares. The stock had previously closed at $4.96.
Several equities research analysts recently commented on TRVG shares. Zacks Investment Research raised shares of Trivago from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a report on Wednesday, February 13th. BidaskClub lowered shares of Trivago from a “hold” rating to a “sell” rating in a report on Wednesday, January 30th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Trivago currently has an average rating of “Hold” and an average price target of $7.25.
The firm has a market capitalization of $1.80 billion, a PE ratio of -67.00, a price-to-earnings-growth ratio of 8.10 and a beta of 0.12. The company has a current ratio of 4.35, a quick ratio of 4.35 and a debt-to-equity ratio of 0.15.
Several institutional investors have recently added to or reduced their stakes in TRVG. Econ Financial Services Corp purchased a new stake in shares of Trivago during the fourth quarter worth $59,000. Shepherd Kaplan Krochuk LLC purchased a new stake in shares of Trivago during the fourth quarter worth $68,000. D. E. Shaw & Co. Inc. purchased a new stake in shares of Trivago during the fourth quarter worth $87,000. Jane Street Group LLC purchased a new stake in shares of Trivago during the third quarter worth $205,000. Finally, Miracle Mile Advisors LLC grew its holdings in shares of Trivago by 123.0% during the third quarter. Miracle Mile Advisors LLC now owns 40,800 shares of the technology company’s stock worth $251,000 after buying an additional 22,500 shares in the last quarter. 9.64% of the stock is owned by institutional investors and hedge funds.
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About Trivago (NASDAQ:TRVG)
trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.
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