trivago (NASDAQ:TRVG) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of trivago (NASDAQ:TRVG) in a research note issued to investors on Friday. The firm set a “buy” rating on the technology company’s stock.

Several other equities analysts also recently commented on TRVG. Susquehanna dropped their target price on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a research report on Thursday, November 7th. UBS Group lowered their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, trivago presently has an average rating of “Hold” and a consensus target price of $2.55.

trivago Stock Performance

Shares of NASDAQ:TRVG opened at $2.48 on Friday. trivago has a 52-week low of $1.60 and a 52-week high of $3.29. The company has a market capitalization of $173.45 million, a PE ratio of -35.42 and a beta of 1.76. The company has a fifty day moving average of $1.80 and a 200-day moving average of $1.97.

Hedge Funds Weigh In On trivago

A hedge fund recently bought a new stake in trivago stock. Tidal Investments LLC bought a new stake in shares of trivago (NASDAQ:TRVG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 142,358 shares of the technology company’s stock, valued at approximately $393,000. Tidal Investments LLC owned 0.20% of trivago as of its most recent filing with the Securities and Exchange Commission. 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.