Global Blue Group (NYSE:GB - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.02, Zacks reports. Global Blue Group had a net margin of 10.29% and a return on equity of 44.01%. The company had revenue of $137.18 million during the quarter, compared to analyst estimates of $130.33 million.
Global Blue Group Stock Up 1.6%
Global Blue Group stock traded up $0.12 during trading hours on Thursday, reaching $7.43. The stock had a trading volume of 359,556 shares, compared to its average volume of 225,684. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 35.36 and a beta of 0.44. The company has a debt-to-equity ratio of 5.30, a current ratio of 1.00 and a quick ratio of 1.00. The business's 50 day moving average price is $7.40 and its 200-day moving average price is $7.05. Global Blue Group has a 52 week low of $4.29 and a 52 week high of $8.00.
Wall Street Analyst Weigh In
Separately, Oppenheimer lowered shares of Global Blue Group from an "outperform" rating to a "market perform" rating in a research note on Thursday, February 27th.
Check Out Our Latest Analysis on Global Blue Group
Global Blue Group Company Profile
(
Get Free Report)
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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