Daily Market Movement: Global Business Travel Group Inc (GBTG) Sees a 1.11 Increase, Closing at 9.08

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The closing price of Global Business Travel Group Inc (NYSE: GBTG) was $9.08 for the day, up 1.11% from the previous closing price of $8.98. In other words, the price has increased by $1.11 from its previous closing price. On the day, 0.77 million shares were traded. GBTG stock price reached its highest trading level at $9.185 during the session, while it also had its lowest trading level at $8.965.

Ratios:

Our analysis of GBTG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.30.

On December 22, 2022, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $8.

On December 07, 2022, Citigroup started tracking the stock assigning a Neutral rating and target price of $6.50.Citigroup initiated its Neutral rating on December 07, 2022, with a $6.50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GBTG now has a Market Capitalization of 4272158208 and an Enterprise Value of 5230160896. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 3.88. Its current Enterprise Value per Revenue stands at 2.197 whereas that against EBITDA is 19.019.

Stock Price History:

Over the past 52 weeks, GBTG has reached a high of $9.20, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 15.34%, while the 200-Day Moving Average is calculated to be 35.84%.

Shares Statistics:

GBTG traded an average of 1.03M shares per day over the past three months and 840070 shares per day over the past ten days. A total of 467.09M shares are outstanding, with a floating share count of 176.96M. Insiders hold about 62.39% of the company’s shares, while institutions hold 31.22% stake in the company. Shares short for GBTG as of 1730332800 were 7191293 with a Short Ratio of 6.96, compared to 1727654400 on 7674042. Therefore, it implies a Short% of Shares Outstanding of 7191293 and a Short% of Float of 4.8800003.

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