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

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

Other research analysts also recently issued research reports about the stock. UBS Group decreased their price objective on shares of trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Susquehanna reduced their price target on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $2.55.

trivago Stock Performance

NASDAQ:TRVG opened at $2.93 on Thursday. The firm’s fifty day moving average is $2.30 and its two-hundred day moving average is $2.03. The firm has a market cap of $204.91 million, a price-to-earnings ratio of -41.85 and a beta of 1.73. trivago has a one year low of $1.60 and a one year high of $3.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in trivago stock. Baader Bank Aktiengesellschaft acquired a new position in trivago (NASDAQ:TRVG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned 0.41% of trivago as of its most recent filing with the Securities & Exchange Commission. 4.50% of the stock is owned by institutional investors.

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.