Global Business Travel Group, Inc. (NYSE:GBTG – Get Free Report)’s stock price rose 1.4% during trading on Wednesday . The stock traded as high as $5.99 and last traded at $5.96. Approximately 161,011 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 149,338 shares. The stock had previously closed at $5.88.
Global Business Travel Group Price Performance
The company has a market cap of $2.84 billion, a price-to-earnings ratio of -14.59 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.12. The company’s fifty day moving average price is $5.86 and its two-hundred day moving average price is $5.80.
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%. On average, equities research analysts forecast that Global Business Travel Group, Inc. will post 0.07 EPS for the current fiscal 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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