Shares of Global Blue Group Holding AG (NYSE:GB - Get Free Report) saw strong trading volume on Friday . 19,407 shares traded hands during trading, a decline of 40% from the previous session's volume of 32,155 shares.The stock last traded at $5.71 and had previously closed at $5.83.
Global Blue Group Price Performance
The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.92. The business's 50-day simple moving average is $4.98 and its 200 day simple moving average is $4.93. The company has a market capitalization of $1.07 billion, a P/E ratio of 80.86 and a beta of 0.43.
Institutional Trading of Global Blue Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sei Investments Co. increased its position in shares of Global Blue Group by 8.6% in the second quarter. Sei Investments Co. now owns 109,435 shares of the company's stock worth $527,000 after acquiring an additional 8,646 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Global Blue Group by 1,640.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 5,061,307 shares of the company's stock worth $24,395,000 after acquiring an additional 4,770,550 shares in the last quarter. WCM Investment Management LLC increased its position in shares of Global Blue Group by 3.9% in the first quarter. WCM Investment Management LLC now owns 1,920,343 shares of the company's stock worth $10,063,000 after acquiring an additional 71,326 shares in the last quarter. Scalar Gauge Management LLC purchased a new position in shares of Global Blue Group in the fourth quarter worth approximately $1,083,000. Finally, Armistice Capital LLC increased its position in shares of Global Blue Group by 1.2% in the fourth quarter. Armistice Capital LLC now owns 1,214,475 shares of the company's stock worth $5,744,000 after acquiring an additional 14,600 shares in the last quarter. 89.66% of the stock is currently owned by institutional investors.
Global Blue Group Company Profile
(
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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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