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Best Penny Stocks To Buy According To Analysts, 1 With 95% Target


Elys Game Technology Corp. (NASDAQ: ELYS)Penny Stocks To Buy [According To B. Riley]: New York Mortgage Trust Inc. (NASDAQ: NYMT)
This week B. Riley Securities initiated coverage on New York Mortgage Trust. You may recall this firm from other articles this week. Analysts at B. Riley recently reiterated a Buy and $21 target on one of the former biotech penny stocks we’ve discussed in the past. Needless to say, when it comes to New York Mortgage, B. Riley analysts issued a Buy on the company along with a $6 price target. based on its current trading levels, that would mean a proposed rise of over 30%. Whether or not it ultimately reaches that level is yet to be seen. ....

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Travel Search Site Trivago Pivots Amid the Pandemic to Cut Costs While Expanding Its Horizons


We realized very early that this wouldn t be just a few months, but something that would last longer, said Hefer, adding that firm restructured in April 2020 and reduced its cost base, which he said stabilized the firm and and improved cash flow.
Indeed, Trivago shrank its first-quarter operating loss to 8.9 million euro (about $10.76 million) from 215.3 million a year before a 96% improvement.
On the cash side, we are in a very good position, Hefer said. Because of that, he said Trivago doesn t need to generate a lot of profit immediately and can instead concentrate on the strategic projects it wants to push. ....

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Trivago sees referral revenue jump more than 60% in March: Travel Weekly


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Global hotel and accommodation search platform Trivago credits vaccination efforts in markets such as the U.S. and Israel with spurring a jump in travel activity that gave the site a 60% increase in referral revenue its primary source of revenue in March compared to February.
Total referral revenue in the first quarter was $39 million, down from $164million in Q1 2020. 
Trivago s developed Europe segment saw the sharpest decline in referral revenue year-over-year 83% while the Americas dropped 66% and rest of the world was down 67%. 
In a letter to shareholders regarding the company s financial results for the first quarter of 2021, the company said, We also expect travel demand to gradually begin to pick up across our developed Europe segment during the second and third quarter of 2021 when most European countries are expected to make significant progress rolling out the Covid-19 vaccine. ....

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