StockNews.com Initiates Coverage on trivago (NASDAQ:TRVG)

Equities researchers at StockNews.com assumed coverage on shares of trivago (NASDAQ:TRVG) in a report issued on Saturday. The brokerage set a “strong-buy” rating on the technology company’s stock.

A number of other research analysts also recently issued reports on the company. Susquehanna dropped their price target 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 reduced their target price on shares of 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, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $2.55.

trivago Stock Up 18.5 %

Shares of NASDAQ:TRVG opened at $4.41 on Friday. trivago has a fifty-two week low of $1.60 and a fifty-two week high of $4.46. The firm’s 50 day moving average price is $2.55 and its 200 day moving average price is $2.10. The stock has a market cap of $308.44 million, a price-to-earnings ratio of -441.00 and a beta of 1.76.

trivago (NASDAQ:TRVG) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. On average, equities analysts anticipate that trivago will post -0.05 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft purchased a new stake in trivago (NASDAQ:TRVG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 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.