Trivago N.V. ADS (NASDAQ:TRVG) shares fell 16.3% during trading on Wednesday . The company traded as low as $10.43 and last traded at $12.49. 20,109,692 shares changed hands 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 brokerages recently commented on TRVG. Zacks Investment Research raised Trivago N.V. ADS from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a report on Thursday, July 20th. Wells Fargo & Company reissued a “hold” rating on shares of Trivago N.V. ADS in a report on Thursday, July 27th. Deutsche Bank AG reissued a “hold” rating and issued a $24.00 price target (up previously from $19.00) on shares of Trivago N.V. ADS in a report on Wednesday, July 26th. Morgan Stanley reissued an “overweight” rating and issued a $25.00 price target on shares of Trivago N.V. ADS in a report on Saturday, July 22nd. Finally, Cowen and Company reissued a “hold” rating and issued a $20.00 price target on shares of Trivago N.V. ADS in a report on Tuesday, July 11th. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Trivago N.V. ADS has a consensus rating of “Hold” and a consensus target price of $19.64.

The stock has a market cap of $4.03 billion and a PE ratio of 44.27. The stock’s 50 day moving average is $17.63 and its 200 day moving average is $16.89.

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 company had revenue of $298.30 million during the quarter, compared to analyst estimates of $293.16 million. The business’s quarterly revenue was up 66.6% compared to the same quarter last year. On average, equities analysts expect that Trivago N.V. ADS will post $0.08 EPS for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in TRVG. Creative Planning grew its position in 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 buying an additional 2,030 shares in the last quarter. Thompson Davis & CO. Inc. acquired a new stake in Trivago N.V. ADS during the second quarter worth about $124,000. Parametric Portfolio Associates LLC acquired a new stake in Trivago N.V. ADS during the first quarter worth about $161,000. Sei Investments Co. acquired a new stake in Trivago N.V. ADS during the first quarter worth about $179,000. Finally, Independent Portfolio Consultants Inc. acquired a new stake in Trivago N.V. ADS during the second quarter worth about $190,000. 13.63% of the stock is currently owned by institutional investors and hedge funds.

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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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