Trivago NV – (NASDAQ:TRVG) was the target of some unusual options trading on Friday. Stock investors purchased 7,260 call options on the stock. This represents an increase of 2,465% compared to the typical volume of 283 call options.
Trivago (NASDAQ:TRVG) traded up $0.97 during midday trading on Thursday, reaching $8.20. The company had a trading volume of 2,754,073 shares, compared to its average volume of 1,387,846. The firm has a market capitalization of $2,880.00 and a P/E ratio of -820.00. Trivago has a 1-year low of $6.45 and a 1-year high of $24.27.
Trivago (NASDAQ:TRVG) last posted its quarterly earnings data on Wednesday, October 25th. The technology company reported ($0.02) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.02. The business had revenue of $287.90 million during the quarter, compared to the consensus estimate of $286.07 million. Trivago had a negative return on equity of 3.09% and a negative net margin of 2.68%. Trivago’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.01) earnings per share. research analysts forecast that Trivago will post -0.01 EPS for the current year.
Several research analysts have commented on TRVG shares. Deutsche Bank lowered their price objective on shares of Trivago from $20.00 to $13.00 and set a “hold” rating for the company in a research report on Tuesday, October 24th. Zacks Investment Research upgraded shares of Trivago from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. JPMorgan Chase & Co. downgraded shares of Trivago from an “overweight” rating to a “neutral” rating and set a $14.00 price objective for the company. in a research report on Wednesday, September 27th. Citigroup lowered their price objective on shares of Trivago from $12.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, October 27th. Finally, Morgan Stanley lowered their price objective on shares of Trivago from $12.00 to $8.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.64.
Trivago Company Profile
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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