trivago (NASDAQ:TRVG) Shares Down 4.7%

trivago (NASDAQ:TRVG) shares traded down 4.7% during mid-day trading on Tuesday . The company traded as low as $4.26 and last traded at $4.28. 33,105 shares traded hands during trading, a decline of 99% from the average session volume of 4,826,045 shares. The stock had previously closed at $4.49.

A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded trivago from a “sell” rating to a “hold” rating in a research report on Thursday, March 11th. Citigroup reiterated a “neutral” rating on shares of trivago in a research report on Friday, February 19th. Mizuho boosted their target price on trivago from $2.30 to $2.70 and gave the stock a “buy” rating in a research report on Thursday, February 11th. Finally, Morgan Stanley boosted their target price on trivago from $2.20 to $2.40 and gave the stock an “equal weight” rating in a research report on Friday, February 12th. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $2.13.

The company has a 50-day simple moving average of $4.26 and a two-hundred day simple moving average of $2.54. The stock has a market cap of $1.49 billion, a P/E ratio of -5.70 and a beta of 1.82.

trivago (NASDAQ:TRVG) last announced its quarterly earnings data on Tuesday, February 9th. The technology company reported ($0.02) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02). trivago had a negative return on equity of 2.98% and a negative net margin of 62.12%. The firm had revenue of $38.58 million during the quarter, compared to the consensus estimate of $39.64 million. As a group, research analysts forecast that trivago will post -0.07 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in TRVG. Baker Tilly Financial LLC purchased a new position in shares of trivago during the fourth quarter valued at approximately $48,000. Cetera Advisor Networks LLC purchased a new position in shares of trivago during the fourth quarter valued at approximately $85,000. Virtu Financial LLC increased its stake in shares of trivago by 242.3% during the third quarter. Virtu Financial LLC now owns 63,330 shares of the technology company’s stock valued at $98,000 after buying an additional 44,827 shares during the period. New York Life Investments Alternatives purchased a new position in shares of trivago during the fourth quarter valued at approximately $164,000. Finally, Squarepoint Ops LLC increased its stake in shares of trivago by 73.3% during the third quarter. Squarepoint Ops LLC now owns 160,584 shares of the technology company’s stock valued at $249,000 after buying an additional 67,912 shares during the period. Hedge funds and other institutional investors own 10.62% of the company’s stock.

trivago Company Profile (NASDAQ:TRVG)

trivago NV is a holding company, which engages in the provision of a global hotel and accommodation search platform. It also offers marketing tools and services for advertisers. It operates through the following segments: Americas, Developed Europe, and Rest of the World. The Americas segment comprises of Argentina, Brazil, Canada, Chile, Columbia, Ecuador, Mexico, Peru, the United States, and Uruguay.

Further Reading: Stock Split

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