trivago (NASDAQ:TRVG – Get Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 70,300 shares, an increase of 24.4% from the January 15th total of 56,500 shares. Based on an average trading volume of 109,900 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.
Institutional Trading of trivago
A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft purchased a new position in trivago (NASDAQ:TRVG – Free Report) during the 4th quarter, according to the company in 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 about 0.41% of trivago at the end of the most recent quarter. Institutional investors and hedge funds own 4.50% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on the company. Susquehanna cut 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. StockNews.com assumed coverage on trivago in a research note on Saturday, February 8th. They issued a “strong-buy” rating on the stock. Finally, UBS Group cut their price target on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2.55.
trivago Stock Down 4.3 %
NASDAQ:TRVG opened at $4.03 on Friday. The business’s 50 day moving average is $2.74 and its two-hundred day moving average is $2.17. trivago has a 52 week low of $1.60 and a 52 week high of $5.03.
trivago (NASDAQ:TRVG – Get Free Report) last released its earnings results on Tuesday, February 4th. The technology company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. trivago had a positive return on equity of 0.09% and a negative net margin of 5.20%. As a group, equities analysts expect that trivago will post -0.05 EPS for the current year.
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.
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