Daily Progress: Global Business Travel Group Inc (GBTG) Drop -4.33, Closing at 5.96

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In the latest session, Global Business Travel Group Inc (NYSE: GBTG) closed at $5.96 down -4.33% from its previous closing price of $6.23. In other words, the price has decreased by -$4.33 from its previous closing price. On the day, 0.71 million shares were traded. GBTG stock price reached its highest trading level at $6.18 during the session, while it also had its lowest trading level at $5.74.

Ratios:

For a deeper understanding of Global Business Travel Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.49. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.17.

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.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 17 ’23 when Abbott Paul G bought 350 shares for $6.25 per share. The transaction valued at 2,188 led to the insider holds 2,537,575 shares of the business.

Abbott Paul G bought 8,147 shares of GBTG for $50,907 on May 16 ’23. The Chief Executive Officer now owns 2,537,225 shares after completing the transaction at $6.25 per share. On May 15 ’23, another insider, Bock Eric J., who serves as the insider of the company, bought 2,250 shares for $6.25 each. As a result, the insider paid 14,062 and bolstered with 2,028,107 shares of the company.

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 2816880896 and an Enterprise Value of 3911421440. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 1.708 whereas that against EBITDA is 19.956.

Stock Price History:

Over the past 52 weeks, GBTG has reached a high of $8.05, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 1.29%, while the 200-Day Moving Average is calculated to be 0.59%.

Shares Statistics:

For the past three months, GBTG has traded an average of 219.41K shares per day and 454360 over the past ten days. A total of 467.09M shares are outstanding, with a floating share count of 169.03M. Insiders hold about 64.24% of the company’s shares, while institutions hold 27.46% stake in the company. Shares short for GBTG as of 1713139200 were 1390046 with a Short Ratio of 6.34, compared to 1710460800 on 1986440. Therefore, it implies a Short% of Shares Outstanding of 1390046 and a Short% of Float of 0.9299999999999999.

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