Global Business Travel Group Inc (GBTG) concluded trading on Wednesday at a closing price of $7.46, with 3.67 million shares of worth about $27.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.04% during that period and on September 18, 2024 the price saw a gain of about 0.95%. Currently the company’s common shares owned by public are about 467.09M shares, out of which, 181.17M shares are available for trading.
Stock saw a price change of 5.22% in past 5 days and over the past one month there was a price change of 5.37%. Year-to-date (YTD), GBTG shares are showing a performance of 15.66% which increased to 29.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.49 but also hit the highest price of $7.47 during that period. The average intraday trading volume for Global Business Travel Group Inc shares is 940.13K. The stock is currently trading 5.06% above its 20-day simple moving average (SMA20), while that difference is up 8.79% for SMA50 and it goes to 19.50% higher than SMA200.
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Global Business Travel Group Inc (NYSE: GBTG) currently have 467.09M outstanding shares and institutions hold larger chunk of about 28.52% of that.
The stock has a current market capitalization of $3.53B and its 3Y-monthly beta is at 0.62. It has posted earnings per share of -$0.10 in the same period. It has Quick Ratio of 1.65 while making debt-to-equity ratio of 1.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GBTG, volatility over the week remained 2.45% while standing at 2.46% over the month.
Stock’s fiscal year EPS is expected to rise by 110.94% while it is estimated to increase by 175.20% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on December 15, 2023 offering a Buy rating for the stock and assigned a target price of $8 to it. Coverage by Evercore ISI stated Global Business Travel Group Inc (GBTG) stock as an Outperform in their note to investors on December 22, 2022, suggesting a price target of $8 for the stock. On December 07, 2022, Citigroup Initiated their recommendations, while on October 03, 2022, Deutsche Bank Initiated their ratings for the stock with a price target of $7.10. Stock get an Outperform rating from Credit Suisse on September 30, 2022.
