Trivago N.V. ADS (NASDAQ:TRVG) Stock Price Up 5.6% - Still a Buy?

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report)'s stock price traded up 5.6% during mid-day trading on Tuesday . The stock traded as high as $3.75 and last traded at $3.75. 78,310 shares were traded during trading, a decline of 18% from the average session volume of 95,546 shares. The stock had previously closed at $3.55.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Citigroup increased their target price on shares of Trivago N.V. ADS from $2.60 to $4.50 and gave the company a "neutral" rating in a research note on Monday, March 17th. B. Riley upgraded Trivago N.V. ADS from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $4.00 to $5.50 in a research report on Thursday, May 1st. Wall Street Zen raised Trivago N.V. ADS from a "buy" rating to a "strong-buy" rating in a report on Monday, May 12th. Susquehanna upped 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. Finally, UBS Group raised their target price on Trivago N.V. ADS from $3.10 to $3.40 and gave the stock a "neutral" rating in a research report on Monday, April 28th. 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 stock. Based on data from MarketBeat.com, Trivago N.V. ADS currently has an average rating of "Moderate Buy" and a consensus price target of $4.73.

Trivago N.V. ADS Price Performance

The business's 50 day simple moving average is $4.18 and its 200 day simple moving average is $3.79. The stock has a market cap of $254.87 million, a P/E ratio of 52.43 and a beta of 1.39.

Hedge Funds Weigh In On Trivago N.V. ADS

A number of hedge funds have recently modified their holdings of the stock. Cubist Systematic Strategies LLC bought a new stake in Trivago N.V. ADS in the first quarter valued at $75,000. NewEdge Advisors LLC acquired a new stake in shares of Trivago N.V. ADS in the 1st quarter valued at $258,000. Bosun Asset Management LLC bought a new stake in shares of Trivago N.V. ADS in the 1st quarter worth about $328,000. Compagnie Lombard Odier SCmA increased its position 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 worth $615,000 after purchasing an additional 90,000 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Trivago N.V. ADS during the 4th quarter worth about $628,000. 4.50% of the stock is owned by institutional investors and hedge funds.

Trivago N.V. ADS Company Profile

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.