Shares of Global Blue Group Holding AG (NYSE:GB - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 163,385 shares changed hands during mid-day trading, an increase of 460% from the previous session's volume of 29,168 shares.The stock last traded at $4.89 and had previously closed at $4.93.
Global Blue Group Price Performance
The company has a market cap of $949.28 million, a P/E ratio of 71.43 and a beta of 0.42. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.98 and a current ratio of 0.98. The firm's fifty day moving average is $4.90 and its two-hundred day moving average is $4.88.
Global Blue Group (NYSE:GB - Get Free Report) last issued its earnings results on Wednesday, August 28th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.03). The firm had revenue of $126.75 million during the quarter, compared to the consensus estimate of $127.42 million. Global Blue Group had a return on equity of 61.46% and a net margin of 3.29%. As a group, analysts anticipate that Global Blue Group Holding AG will post 0.3 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC boosted its holdings in shares of Global Blue Group by 0.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 290,757 shares of the company's stock valued at $1,524,000 after purchasing an additional 2,533 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Global Blue Group by 4.1% during the 1st quarter. Sei Investments Co. now owns 100,789 shares of the company's stock valued at $528,000 after purchasing an additional 4,000 shares during the last quarter. Armistice Capital LLC boosted its holdings in shares of Global Blue Group by 1.2% during the 4th quarter. Armistice Capital LLC now owns 1,214,475 shares of the company's stock valued at $5,744,000 after purchasing an additional 14,600 shares during the last quarter. WCM Investment Management LLC boosted its holdings in shares of Global Blue Group by 3.9% during the 1st quarter. WCM Investment Management LLC now owns 1,920,343 shares of the company's stock valued at $10,063,000 after purchasing an additional 71,326 shares during the last quarter. Finally, Scalar Gauge Management LLC bought a new position in shares of Global Blue Group during the 4th quarter valued at about $1,083,000. Institutional investors own 89.66% of the company's stock.
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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