Sabre Corp (NASDAQ:SABR) price Thursday, August 01, fall -4.37% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.28.
A look at the stock’s price movement, the close in the last trading session was $3.43. Turning to its 52-week performance, $5.76 and $1.81 were the 52-week high and 52-week low respectively. Overall, SABR moved 27.13% over the past month.
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Sabre Corp’s market cap currently stands at around $1.25 billion.
Analysts have a consensus estimate of 755.81M for the company’s revenue for the quarter, with a low and high estimate of 750M and 770.16M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.04B, representing a 4.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SABR is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
SABR’s current price about 2.28% and 9.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.08, while 7-day volatility ratio is 8.71% and 6.78% in the 30-day chart. Further, Sabre Corp (SABR) has a beta value of 1.73, and an average true range (ATR) of 0.22.
If we refocus on Sabre Corp (NASDAQ:SABR), historical trading data shows that trading volumes averaged 4.19 million over the past 3 months. The company’s latest data on shares outstanding shows there are 379.57 million shares.
The 6.91% of Sabre Corp’s shares are in the hands of company insiders while institutional holders own 84.52% of the company’s shares. Current price change has pushed the stock -25.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SABR stock continues to rise going into the next quarter.
