Global Blue Group (NYSE:GB) Shares Down 1.9%

Global Blue Group Holding AG (NYSE:GB - Get Free Report) fell 1.9% during mid-day trading on Friday . The stock traded as low as $5.18 and last traded at $5.18. 280 shares were traded during mid-day trading, a decline of 99% from the average session volume of 29,585 shares. The stock had previously closed at $5.28.

Global Blue Group Stock Down 5.3 %

The company has a market cap of $949.30 million, a PE ratio of 50.01 and a beta of 0.41. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 8.20. The firm's fifty day simple moving average is $4.85 and its 200-day simple moving average is $4.85.

Global Blue Group (NYSE:GB - Get Free Report) last announced its earnings results on Friday, February 23rd. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). Global Blue Group had a return on equity of 87.79% and a net margin of 5.28%. The firm had revenue of $117.81 million for the quarter, compared to analyst estimates of $121.73 million. As a group, equities research analysts expect that Global Blue Group Holding AG will post 0.24 earnings per share for the current fiscal year.

Institutional Trading of Global Blue Group

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its stake in shares of Global Blue Group by 216.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,667 shares of the company's stock valued at $26,000 after acquiring an additional 3,876 shares during the period. Rockefeller Capital Management L.P. increased its position in shares of Global Blue Group by 650.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 7,500 shares of the company's stock worth $34,000 after purchasing an additional 6,500 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Global Blue Group in the 3rd quarter valued at about $49,000. Sei Investments Co. acquired a new position in shares of Global Blue Group in the 2nd quarter valued at about $320,000. Finally, Scalar Gauge Management LLC acquired a new position in shares of Global Blue Group in the 4th quarter valued at about $1,083,000. Institutional investors and hedge funds own 89.66% of the company's stock.

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).