Trivago (TRVG) Sets New 12-Month Low at $3.82

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Shares of Trivago NV – (NASDAQ:TRVG) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.82 and last traded at $3.87, with a volume of 2200 shares changing hands. The stock had previously closed at $3.92.

Several analysts have issued reports on TRVG shares. Zacks Investment Research raised shares of Trivago from a “hold” rating to a “buy” rating and set a $6.75 target price on the stock in a research note on Wednesday, February 13th. BidaskClub downgraded shares of Trivago from a “hold” rating to a “sell” rating in a research note on Wednesday, January 30th. Guggenheim raised shares of Trivago from a “neutral” rating to a “buy” rating and set a $5.50 target price on the stock in a research note on Tuesday, April 23rd. Finally, Wedbush set a $5.00 target price on shares of Trivago and gave the company a “hold” rating in a research note on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Trivago has a consensus rating of “Hold” and a consensus price target of $5.08.

The company has a current ratio of 3.50, a quick ratio of 3.50 and a debt-to-equity ratio of 0.11. The company has a market cap of $1.36 billion, a PE ratio of -54.71, a price-to-earnings-growth ratio of 5.75 and a beta of 0.20.

Trivago (NASDAQ:TRVG) last announced its earnings results on Wednesday, May 1st. The technology company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. Trivago had a net margin of 0.94% and a return on equity of 0.93%. The company had revenue of $208.76 million for the quarter, compared to the consensus estimate of $239.60 million. During the same period in the previous year, the business earned ($0.06) EPS. The company’s revenue was down 19.5% on a year-over-year basis. On average, equities research analysts anticipate that Trivago NV – will post 0.09 EPS for the current year.

A number of large investors have recently made changes to their positions in TRVG. Bluefin Trading LLC acquired a new position in shares of Trivago in the first quarter worth $91,000. Morgan Stanley increased its stake in shares of Trivago by 2,392.4% in the first quarter. Morgan Stanley now owns 559,958 shares of the technology company’s stock worth $2,419,000 after acquiring an additional 537,491 shares during the last quarter. Ellington Management Group LLC increased its stake in shares of Trivago by 47.5% in the first quarter. Ellington Management Group LLC now owns 23,300 shares of the technology company’s stock worth $101,000 after acquiring an additional 7,500 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Trivago in the first quarter worth $3,989,000. Finally, Bayesian Capital Management LP acquired a new position in shares of Trivago in the first quarter worth $89,000. 9.84% of the stock is currently owned by institutional investors.

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About Trivago (NASDAQ:TRVG)

trivago N.V., together with its subsidiaries, operates as a hotel and accommodation search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

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