Global Blue Group Holding AG (NYSE:GB – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 143,700 shares, a decrease of 8.1% from the October 15th total of 156,400 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 34,300 shares, the short-interest ratio is presently 4.2 days.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft started coverage on shares of Global Blue Group in a report on Tuesday, September 12th. They set a “buy” rating and a $8.00 target price on the stock.
Institutional Investors Weigh In On Global Blue Group
Global Blue Group Stock Performance
NYSE:GB traded down $0.08 during mid-day trading on Friday, hitting $5.01. The stock had a trading volume of 6,133 shares, compared to its average volume of 35,620. Global Blue Group has a twelve month low of $3.49 and a twelve month high of $7.60. The company has a debt-to-equity ratio of 47.51, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $951.20 million, a price-to-earnings ratio of -500.50 and a beta of 0.43. The company’s 50 day simple moving average is $5.47 and its 200 day simple moving average is $5.27.
Global Blue Group (NYSE:GB – Get Free Report) last released its quarterly earnings data on Monday, August 28th. The company reported $0.01 earnings per share (EPS) for the quarter. Global Blue Group had a negative return on equity of 48.47% and a negative net margin of 0.40%. The company had revenue of $102.85 million during the quarter.
Global Blue Group Company Profile
Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).
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