trivago (NASDAQ:TRVG) Stock Price Down 1.9%

Shares of trivago (NASDAQ:TRVG) fell 1.9% on Tuesday . The stock traded as low as $2.53 and last traded at $2.55. 28,380 shares were traded during mid-day trading, a decline of 62% from the average session volume of 73,789 shares. The stock had previously closed at $2.60.

Wall Street Analyst Weigh In

TRVG has been the subject of a number of research reports. Mizuho decreased their price objective on trivago from $7.50 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, January 17th. StockNews.com raised shares of trivago from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. B. Riley upped their price objective on shares of trivago from $1.40 to $3.00 and gave the stock a “neutral” rating in a report on Tuesday, December 26th. Finally, UBS Group decreased their target price on shares of trivago from $6.25 to $2.25 and set a “neutral” rating for the company in a research note on Monday, February 5th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.34.

trivago Stock Performance

The stock has a market cap of $174.32 million and a PE ratio of -0.97. The firm has a 50-day moving average price of $2.62 and a 200-day moving average price of $3.15.

trivago (NASDAQ:TRVG) last issued its earnings results on Tuesday, February 6th. The technology company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $98.74 million during the quarter, compared to analysts’ expectations of $98.20 million. trivago had a negative net margin of 34.12% and a positive return on equity of 8.00%. As a group, sell-side analysts anticipate that trivago will post -0.08 EPS for the current fiscal year.

Hedge Funds Weigh In On trivago

A number of hedge funds have recently added to or reduced their stakes in TRVG. Bank of America Corp DE boosted its stake in trivago by 11,846.0% during the 1st quarter. Bank of America Corp DE now owns 11,946 shares of the technology company’s stock valued at $28,000 after purchasing an additional 11,846 shares during the last quarter. Two Sigma Investments LP bought a new position in shares of trivago during the fourth quarter valued at $28,000. Vanguard Personalized Indexing Management LLC boosted its position in shares of trivago by 89.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,981 shares of the technology company’s stock valued at $31,000 after buying an additional 9,910 shares during the last quarter. Two Sigma Advisers LP increased its holdings in trivago by 55.4% in the 1st quarter. Two Sigma Advisers LP now owns 26,100 shares of the technology company’s stock worth $39,000 after buying an additional 9,300 shares in the last quarter. Finally, UBS Group AG purchased a new position in trivago in the 2nd quarter worth about $40,000. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

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.