|Bid||1.9300 x 1800|
|Ask||1.9800 x 1100|
|Day's Range||1.9300 - 1.9800|
|52 Week Range||1.3000 - 5.3800|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 03, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.93|
Trivago N.V. (TRVG) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
The coronavirus pandemic has been nothing short of a disaster for the travel industry. Business and international travel have essentially ground to a halt, as offices have mandated work-from-home policies and citizens of countries like the U.S. have been banned from traveling to much of the world. It's an unprecedented crisis for travel industry businesses, including airlines, cruise lines, and hotels, as well as online travel agencies like Trivago (NASDAQ: TRVG) that depend on demand for accommodations.
Starting in May, we have seen a return of travel, first in Germany, the US and New Zealand, later in other markets. Almost everywhere, leisure nature destinations have been the first to pick up, predominantly in driving distance and with an increasing demand for alternative accommodation, exceeding 20% of our referrals for the first time.