Trivago N.V. ADS (NASDAQ:TRVG) Cut to Strong Sell at Zacks Research

Trivago N.V. ADS (NASDAQ:TRVG) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday, Zacks reports.

TRVG has been the subject of a number of other research reports. B. Riley Financial raised their price objective on Trivago N.V. ADS from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised Trivago N.V. ADS from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday. Mizuho increased their target price on Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Susquehanna decreased their price target on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a “neutral” rating for the company in a research report on Thursday, November 5th. Finally, UBS Group cut their price target on shares of Trivago N.V. ADS from $6.00 to $4.80 and set a “neutral” rating on the stock in a report on Tuesday, November 3rd. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.03.

Trivago N.V. ADS Stock Performance

Shares of NASDAQ TRVG opened at $3.75 on Tuesday. Trivago N.V. ADS has a 1 year low of $2.59 and a 1 year high of $6.80. The firm has a market cap of $264.82 million, a price-to-earnings ratio of 89.00 and a beta of 0.99. The stock’s 50-day simple moving average is $4.72 and its 200-day simple moving average is $4.09.

Institutional Trading of Trivago N.V. ADS

A hedge fund recently raised its stake in Trivago N.V. ADS stock. Sei Investments Co. grew its position in shares of Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,707 shares of the technology company’s stock after buying an additional 40,080 shares during the period. Sei Investments Co. owned about 0.08% of Trivago N.V. ADS worth $146,000 as of its most recent SEC filing. Institutional investors own 4.50% of the company’s stock.

About Trivago N.V. ADS

Trivago N.V. operates an online hotel and accommodation metasearch platform. Through its websites and mobile apps, the company helps travelers compare lodging options, prices and offers from online travel agencies, hotel chains and independent properties. Trivago’s platform serves travelers in markets around the world, with localized websites and apps designed for different countries and languages. The company generally directs users to third-party booking providers or accommodation partners to complete a reservation.