There Is Clear Momentum For Sabre Corp (NASDAQ: SABR)

Sabre Corp (SABR) concluded trading on Wednesday at a closing price of $3.44, with 5.06 million shares of worth about $17.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.82% during that period and on January 08, 2025 the price saw a loss of about -0.58%. Currently the company’s common shares owned by public are about 385.83M shares, out of which, 359.07M shares are available for trading.

Stock saw a price change of -5.75% in past 5 days and over the past one month there was a price change of -8.02%. Year-to-date (YTD), SABR shares are showing a performance of -5.75% which decreased to -25.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.81 but also hit the highest price of $4.62 during that period. The average intraday trading volume for Sabre Corp shares is 4.25 million. The stock is currently trading -7.86% below its 20-day simple moving average (SMA20), while that difference is down -7.10% for SMA50 and it goes to 8.02% higher than SMA200.

Sabre Corp (NASDAQ: SABR) currently have 385.83M outstanding shares and institutions hold larger chunk of about 92.22% of that.

The stock has a current market capitalization of $1.33B and its 3Y-monthly beta is at 1.81. It has posted earnings per share of -$0.79 in the same period. It has Quick Ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SABR, volatility over the week remained 3.34% while standing at 4.64% over the month.

Stock’s fiscal year EPS is expected to rise by 37.95% while it is estimated to increase by 140.47% 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 Cantor Fitzgerald on January 07, 2025 offering a Neutral rating for the stock and assigned a target price range of between $5 and $4 to it. Coverage by Bernstein stated Sabre Corp (SABR) stock as an Underperform in their note to investors on November 19, 2024, suggesting a price target of $3 for the stock. On February 21, 2024, Cantor Fitzgerald Initiated their recommendations, while on January 08, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $5. Stock get a Mkt perform rating from Bernstein on May 15, 2023.

Most Popular

Related Posts