Trivago N.V. ADS (NASDAQ:TRVG) traded down 16.3% during mid-day trading on Wednesday . The company traded as low as $10.43 and last traded at $12.49. 20,109,692 shares were traded during mid-day trading, an increase of 1,395% from the average session volume of 1,344,940 shares. The stock had previously closed at $14.93.

A number of equities research analysts have issued reports on the company. Zacks Investment Research cut Trivago N.V. ADS from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Cowen and Company reiterated a “market perform” rating and issued a $18.00 target price (down from $20.00) on shares of Trivago N.V. ADS in a research note on Wednesday, August 9th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $21.00 target price (down from $23.00) on shares of Trivago N.V. ADS in a research note on Wednesday, August 9th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $23.00 target price on shares of Trivago N.V. ADS in a research note on Wednesday, August 9th. Finally, Citigroup Inc. cut their target price on Trivago N.V. ADS from $25.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $21.18.

The firm has a market cap of $4.37 billion and a P/E ratio of 48.04. The company’s 50-day moving average price is $18.31 and its 200 day moving average price is $16.96.

Trivago N.V. ADS (NASDAQ:TRVG) last released its earnings results on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $298.30 million during the quarter, compared to the consensus estimate of $293.16 million. The firm’s quarterly revenue was up 66.6% on a year-over-year basis. On average, equities research analysts predict that Trivago N.V. ADS will post $0.08 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. Creative Planning raised its position in shares of Trivago N.V. ADS by 87.1% during the second quarter. Creative Planning now owns 4,360 shares of the technology company’s stock worth $103,000 after acquiring an additional 2,030 shares during the last quarter. Thompson Davis & CO. Inc. bought a new stake in shares of Trivago N.V. ADS during the second quarter worth $124,000. TD Asset Management Inc. raised its position in shares of Trivago N.V. ADS by 8.6% during the second quarter. TD Asset Management Inc. now owns 74,781 shares of the technology company’s stock worth $1,769,000 after acquiring an additional 5,900 shares during the last quarter. Independent Portfolio Consultants Inc. bought a new stake in shares of Trivago N.V. ADS during the second quarter worth $190,000. Finally, D.A. Davidson & CO. bought a new stake in shares of Trivago N.V. ADS during the second quarter worth $190,000. Institutional investors own 13.63% of the company’s stock.

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About Trivago N.V. ADS

Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.

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