trivago (NASDAQ:TRVG) Short Interest Update

trivago (NASDAQ:TRVG) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 60,900 shares, a growth of 16.9% from the August 15th total of 52,100 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 47,500 shares, the days-to-cover ratio is presently 1.3 days.

Analyst Ratings Changes

TRVG has been the subject of a number of research reports. Susquehanna decreased their target price on shares of trivago from $2.50 to $2.25 and set a “neutral” rating for the company in a research report on Thursday, August 1st. StockNews.com assumed coverage on trivago in a report on Monday, September 9th. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $2.75.

Institutional Investors Weigh In On trivago

Several hedge funds and other institutional investors have recently bought and sold shares of TRVG. Quadrature Capital Ltd purchased a new stake in shares of trivago in the 4th quarter valued at approximately $67,000. BNP Paribas Financial Markets purchased a new position in trivago in the first quarter worth approximately $173,000. Tidal Investments LLC acquired a new stake in trivago during the first quarter worth $393,000. Finally, Acadian Asset Management LLC raised its position in trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after purchasing an additional 67,053 shares during the period. 4.50% of the stock is currently owned by institutional investors and hedge funds.

trivago Trading Down 1.1 %

NASDAQ:TRVG traded down $0.02 during trading hours on Monday, hitting $1.78. 1,204 shares of the stock were exchanged, compared to its average volume of 62,061. The company has a market cap of $124.28 million, a P/E ratio of -0.64 and a beta of 1.62. The firm’s fifty day moving average price is $2.04 and its 200 day moving average price is $2.29. trivago has a 52-week low of $1.76 and a 52-week high of $5.90.

trivago (NASDAQ:TRVG) last released its earnings results on Tuesday, July 30th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $127.62 million during the quarter, compared to analyst estimates of $127.25 million. trivago had a negative net margin of 41.42% and a positive return on equity of 1.30%. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Equities analysts expect that trivago will post -0.1 EPS for the current fiscal year.

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.