Global Business Travel Group Inc’s recent filing unveils that its Director OHara Michael Gregory unloaded Company’s shares for reported $4.13 million on Mar 06 ’25. In the deal valued at $7.98 per share,517,130 shares were sold. As a result of this transaction, OHara Michael Gregory now holds 19,964,270 shares worth roughly $149.53 million.
UBS initiated its Global Business Travel Group Inc [GBTG] rating to a Buy in a research note published on November 22, 2024; the price target was $11. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. Evercore ISI began covering GBTG with “an Outperform” recommendation on December 22, 2022. Citigroup started covering the stock on December 07, 2022. It rated GBTG as “a Neutral”.
Price Performance Review of GBTG
On Tuesday, Global Business Travel Group Inc [NYSE:GBTG] saw its stock fall -4.10% to $7.49. Over the last five days, the stock has lost -7.30%. Global Business Travel Group Inc shares have fallen nearly -19.29% since the year began. Nevertheless, the stocks have risen 33.27% over the past one year. While a 52-week high of $9.60 was reached on 01/02/25, a 52-week low of $5.30 was recorded on 03/11/25. SMA at 50 days reached $8.77, while 200 days put it at $7.78.
Levels Of Support And Resistance For GBTG Stock
The 24-hour chart illustrates a support level at 7.34, which if violated will result in even more drops to 7.20. On the upside, there is a resistance level at 7.70. A further resistance level may holdings at 7.92. The Relative Strength Index (RSI) on the 14-day chart is 27.21, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.52%. Stochastics %K at 14.86% indicates the stock is a buying.
The most recent change occurred on October 03, 2022 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $7.10 price target.
