Recent developments with Global Business Travel Group Inc (GBTG) have led to the company’s beta value being reach 0.64 cents.

Global Business Travel Group Inc (NYSE: GBTG) on Monday, plunged -2.03% from the previous trading day, before settling in for the closing price of $7.88. Within the past 52 weeks, GBTG’s price has moved between $4.49 and $7.95.

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Annual sales at Technology sector company grew by 33.26% over the past five years. The company achieved an average annual earnings per share of 102.74%. With a float of $181.17 million, this company’s outstanding shares have now reached $467.09 million.

Let’s look at the performance matrix of the company that is accounted for 19000 employees. In terms of profitability, gross margin is 56.9%, operating margin of 2.85%, and the pretax margin is -1.87%.

Global Business Travel Group Inc (GBTG) Insider and Institutional Ownership

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Global Business Travel Group Inc is 61.72%, while institutional ownership is 28.11%.

Global Business Travel Group Inc (GBTG) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 102.74% per share during the next fiscal year.

Global Business Travel Group Inc (NYSE: GBTG) Trading Performance Indicators

Global Business Travel Group Inc (GBTG) is currently performing well based on its current performance indicators. A quick ratio of 1.65 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 17.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.10 in one year’s time.

Technical Analysis of Global Business Travel Group Inc (GBTG)

Global Business Travel Group Inc (NYSE: GBTG) saw its 5-day average volume 0.62 million, a positive change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 77.78%. Additionally, its Average True Range was 0.16.

During the past 100 days, Global Business Travel Group Inc’s (GBTG) raw stochastic average was set at 89.25%, which indicates a significant increase from 68.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.78% in the past 14 days, which was lower than the 39.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.32, while its 200-day Moving Average is $6.41. Nevertheless, the first resistance level for the watch stands at $7.82 in the near term. At $7.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.99. If the price goes on to break the first support level at $7.66, it is likely to go to the next support level at $7.60. The third support level lies at $7.49 if the price breaches the second support level.

Global Business Travel Group Inc (NYSE: GBTG) Key Stats

Market capitalization of the company is 3.65 billion based on 472,620K outstanding shares. Right now, sales total 2,290 M and income totals -63,000 K. The company made 625,000 K in profit during its latest quarter, and 26,000 K in sales during its previous quarter.