trivago (NASDAQ:TRVG – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 70,300 shares, a growth of 24.4% from the January 15th total of 56,500 shares. Based on an average daily trading volume, of 109,900 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.
Institutional Investors Weigh In On trivago
A hedge fund recently bought a new stake in trivago stock. Baader Bank Aktiengesellschaft bought a new stake in shares of trivago (NASDAQ:TRVG – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 285,804 shares of the technology company’s stock, valued at approximately $623,000. Baader Bank Aktiengesellschaft owned about 0.41% of trivago as of its most recent filing with the SEC. 4.50% of the stock is owned by institutional investors and hedge funds.
trivago Stock Down 4.3 %
TRVG traded down $0.18 on Friday, hitting $4.03. 95,553 shares of the company traded hands, compared to its average volume of 104,038. The company has a 50 day moving average of $2.74 and a 200-day moving average of $2.17. The stock has a market capitalization of $281.86 million, a PE ratio of -403.00 and a beta of 1.76. trivago has a 12-month low of $1.60 and a 12-month high of $5.03.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. UBS Group cut their price objective on trivago from $2.25 to $1.95 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. StockNews.com started coverage on trivago in a report on Saturday, February 8th. They issued a “strong-buy” rating on the stock. Finally, Susquehanna lowered their target price on trivago from $2.25 to $1.75 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, trivago currently has an average rating of “Moderate Buy” and an average price target of $2.55.
Read Our Latest Report on trivago
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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