Global Blue Group Holding AG (NYSE:GB - Get Free Report)'s share price rose 0.3% during trading on Tuesday . The company traded as high as $7.40 and last traded at $7.40. Approximately 35,191 shares traded hands during trading, a decline of 85% from the average daily volume of 228,535 shares. The stock had previously closed at $7.37.
Global Blue Group Stock Performance
The business has a 50 day moving average of $7.43 and a 200 day moving average of $7.33. The company has a market capitalization of $1.47 billion, a P/E ratio of 19.93 and a beta of 0.44. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.69.
Global Blue Group (NYSE:GB - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $137.18 million during the quarter, compared to analyst estimates of $130.33 million. On average, sell-side analysts predict that Global Blue Group Holding AG will post 0.3 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. PenderFund Capital Management Ltd. purchased a new position in Global Blue Group during the 1st quarter worth $352,000. Cubist Systematic Strategies LLC purchased a new position in shares of Global Blue Group in the 1st quarter valued at $310,000. OMERS ADMINISTRATION Corp purchased a new position in shares of Global Blue Group in the 1st quarter valued at $289,000. Eisler Capital Management Ltd. purchased a new position in shares of Global Blue Group in the 1st quarter valued at $1,474,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Global Blue Group in the 1st quarter valued at $4,081,000. 89.66% of the stock is currently owned by hedge funds and other institutional investors.
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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