Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 155,500 shares, a drop of 29.9% from the May 15th total of 221,900 shares. Based on an average trading volume of 153,100 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.7% of the shares of the stock are short sold.
Trivago N.V. ADS Trading Down 0.3%
Shares of TRVG stock traded down $0.01 on Friday, reaching $3.88. The company had a trading volume of 87,934 shares, compared to its average volume of 96,364. The stock has a market cap of $272.80 million, a PE ratio of -388.00 and a beta of 1.42. The company has a 50-day moving average of $4.18 and a 200-day moving average of $3.65. Trivago N.V. ADS has a 12 month low of $1.60 and a 12 month high of $5.83.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on TRVG shares. Citigroup upped their target price on shares of Trivago N.V. ADS from $2.60 to $4.50 and gave the stock a "neutral" rating in a research report on Monday, March 17th. UBS Group upped their price objective on Trivago N.V. ADS from $3.10 to $3.40 and gave the stock a "neutral" rating in a report on Monday, April 28th. Susquehanna lifted their target price on Trivago N.V. ADS from $3.50 to $5.50 and gave the company a "neutral" rating in a research note on Monday, May 5th. B. Riley upgraded Trivago N.V. ADS from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $4.00 to $5.50 in a research report on Thursday, May 1st. Finally, Wall Street Zen raised Trivago N.V. ADS from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 12th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $4.73.
Read Our Latest Report on TRVG
Hedge Funds Weigh In On Trivago N.V. ADS
Institutional investors and hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC acquired a new stake in Trivago N.V. ADS during the 1st quarter worth $75,000. NewEdge Advisors LLC bought a new stake in shares of Trivago N.V. ADS in the first quarter worth about $258,000. Bosun Asset Management LLC acquired a new stake in shares of Trivago N.V. ADS during the first quarter worth about $328,000. Compagnie Lombard Odier SCmA lifted its holdings in shares of Trivago N.V. ADS by 150.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock valued at $615,000 after purchasing an additional 90,000 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Trivago N.V. ADS in the 4th quarter valued at approximately $628,000. Institutional investors and hedge funds own 4.50% of the company's stock.
Trivago N.V. ADS Company Profile
(
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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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