Take off with Global Business Travel Group Inc (GBTG): Get ready for trading

With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $6.65 whereas the lowest price it dropped to was $6.5. The 52-week range on GBTG shows that it touched its highest point at $8.05 and its lowest point at $4.49 during that stretch. It currently has a 1-year price target of $7.98. Beta for the stock currently stands at 0.61.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GBTG was up-trending over the past week, with a rise of 8.07%, but this was up by 10.62% over a month. Three-month performance surged to 17.56% while six-month performance rose 7.54%. The stock lost -14.58% in the past year, while it has gained 1.71% so far this year. A look at the trailing 12-month EPS for GBTG yields -1.05 with Next year EPS estimates of 0.08. For the next quarter, that number is -0.00. This implies an EPS growth rate of 97.89% for this year and 1436.56% for next year.

Float and Shares Shorts:

At present, 467.09 million GBTG shares are outstanding with a float of 172.38 million shares on hand for trading. On 2024-05-15, short shares totaled 1.64 million, which was 34.999998999999995 higher than short shares on 1713139200. In addition to Mr. Paul Abbott as the firm’s CEO & Director, Mr. Andrew George Crawley serves as its President.

Institutional Ownership:

Through their ownership of 0.34137002 of GBTG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, GBTG reported revenue of $610000000.0 and operating income of $25000000.0. The EBITDA in the recently reported quarter was $79000000.0 and diluted EPS was -$0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GBTG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.