Global Business Travel Group, Inc. (NYSE:GBTG – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,390,000 shares, a decline of 9.2% from the March 31st total of 1,530,000 shares. Based on an average daily volume of 156,400 shares, the days-to-cover ratio is currently 8.9 days. Approximately 0.4% of the company’s shares are short sold.
Global Business Travel Group Trading Up 0.3 %
NYSE GBTG traded up $0.02 during trading on Monday, reaching $6.02. 734,504 shares of the stock traded hands, compared to its average volume of 161,209. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of -14.68 and a beta of 0.63. The stock’s 50-day moving average price is $5.86 and its 200 day moving average price is $5.83. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.12. Global Business Travel Group has a fifty-two week low of $4.49 and a fifty-two week high of $8.05.
Global Business Travel Group (NYSE:GBTG – Get Free Report) last released its quarterly earnings results on Tuesday, March 5th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The company had revenue of $549.00 million during the quarter, compared to analyst estimates of $540.21 million. Global Business Travel Group had a negative net margin of 2.71% and a negative return on equity of 4.81%. Analysts predict that Global Business Travel Group will post 0.07 EPS for the current year.
Institutional Inflows and Outflows
About Global Business Travel Group
Global Business Travel Group, Inc provides business-to-business (B2B) travel platform in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies.
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