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

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

TRVG has been the topic of several other research reports. Susquehanna dropped their target price on trivago from $2.25 to $1.75 and set a “neutral” rating on the stock in a report on Thursday, November 7th. UBS Group cut their target price on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, trivago currently has an average rating of “Hold” and a consensus target price of $2.55.

trivago Stock Up 3.3 %

Shares of TRVG stock opened at $2.48 on Friday. The company has a market cap of $173.44 million, a P/E ratio of -35.43 and a beta of 1.76. The business has a 50 day moving average of $1.80 and a two-hundred day moving average of $1.97. trivago has a 52 week low of $1.60 and a 52 week high of $3.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in trivago stock. Tidal Investments LLC acquired a new stake in trivago (NASDAQ:TRVG) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 142,358 shares of the technology company’s stock, valued at approximately $393,000. Tidal Investments LLC owned about 0.20% of trivago at the end of the most recent quarter. 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.