trivago (NASDAQ:TRVG – Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 180,200 shares, an increase of 42.2% from the February 13th total of 126,700 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 124,700 shares, the days-to-cover ratio is currently 1.4 days.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on TRVG shares. StockNews.com started coverage on shares of trivago in a report on Saturday, February 8th. They set a “strong-buy” rating for the company. Citigroup lifted their target price on shares of trivago from $2.60 to $4.50 and gave the company a “neutral” rating in a report on Monday. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $2.94.
View Our Latest Report on trivago
trivago Stock Performance
trivago (NASDAQ:TRVG – Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. trivago had a negative net margin of 5.20% and a positive return on equity of 0.09%. On average, equities analysts predict that trivago will post -0.08 EPS for the current fiscal year.
Institutional Investors Weigh In On trivago
An institutional investor recently bought a new position in trivago stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of trivago (NASDAQ:TRVG – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 288,236 shares of the technology company’s stock, valued at approximately $628,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.41% of trivago as of its most recent SEC filing. Institutional investors own 4.50% of the company’s stock.
trivago 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.
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