Market Momentum: Global Business Travel Group Inc (GBTG) Registers a 0.61 Increase, Closing at 6.57

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Global Business Travel Group Inc (NYSE: GBTG) closed the day trading at $6.57 up 0.61% from the previous closing price of $6.53. In other words, the price has increased by $0.61 from its previous closing price. On the day, 1.69 million shares were traded. GBTG stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.49.

Ratios:

For a better understanding of GBTG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.20.

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 3105093632 and an Enterprise Value of 4052190464. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 1.745 whereas that against EBITDA is 18.171.

Stock Price History:

The Beta on a monthly basis for GBTG is 0.62, which has changed by -0.10547948 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, GBTG has reached a high of $7.47, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 4.82%, while the 200-Day Moving Average is calculated to be 11.11%.

Shares Statistics:

Over the past 3-months, GBTG traded about 721.74K shares per day on average, while over the past 10 days, GBTG traded about 1841770 shares per day. A total of 467.09M shares are outstanding, with a floating share count of 172.18M. Insiders hold about 63.57% of the company’s shares, while institutions hold 27.62% stake in the company. Shares short for GBTG as of 1719532800 were 2394136 with a Short Ratio of 3.32, compared to 1717113600 on 2011197. Therefore, it implies a Short% of Shares Outstanding of 2394136 and a Short% of Float of 1.6.

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