Shares of Global Blue Group Holding AG (NYSE:GB - Get Free Report) shot up 0.3% on Tuesday . The company traded as high as $7.40 and last traded at $7.40. 35,191 shares traded hands during trading, a decline of 85% from the average session volume of 228,535 shares. The stock had previously closed at $7.37.
Global Blue Group Stock Up 0.3%
The company has a debt-to-equity ratio of 3.69, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $1.48 billion, a PE ratio of 19.99 and a beta of 0.44. The company has a fifty day moving average price of $7.43 and a 200 day moving average price of $7.34.
Global Blue Group (NYSE:GB - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. Global Blue Group had a return on equity of 45.20% and a net margin of 16.56%. The business had revenue of $137.18 million during the quarter, compared to analyst estimates of $130.33 million. As a group, analysts anticipate that Global Blue Group Holding AG will post 0.3 EPS for the current year.
Institutional Investors Weigh In On Global Blue Group
A number of institutional investors have recently modified their holdings of GB. SG Americas Securities LLC bought a new position in shares of Global Blue Group in the first quarter worth about $294,000. Bank of America Corp DE bought a new stake in Global Blue Group in the 4th quarter worth approximately $1,200,000. Scalar Gauge Management LLC increased its stake in Global Blue Group by 17.5% in the 4th quarter. Scalar Gauge Management LLC now owns 339,651 shares of the company's stock worth $2,354,000 after acquiring an additional 50,668 shares during the last quarter. Renaissance Technologies LLC increased its stake in Global Blue Group by 74.8% in the 4th quarter. Renaissance Technologies LLC now owns 45,800 shares of the company's stock worth $317,000 after acquiring an additional 19,600 shares during the last quarter. Finally, Wells Fargo & Company MN bought a new stake in Global Blue Group in the 4th quarter worth approximately $79,000. 89.66% of the stock is owned by hedge funds and other institutional investors.
About Global Blue Group
(
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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