In a filing, Global Business Travel Group Inc revealed 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 $149.33 million.
BTIG Research initiated its Global Business Travel Group Inc [GBTG] rating to a Buy in a research note published on March 18, 2025; the price target was $10. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Citigroup also remained covering GBTG and has increased its forecast on December 15, 2023 with a “Buy” recommendation from previously “Neutral” rating. Evercore ISI started covering the stock on December 22, 2022. It rated GBTG as “an Outperform”.
Price Performance Review of GBTG
On Tuesday, Global Business Travel Group Inc [NYSE:GBTG] saw its stock jump 0.54% to $7.48. Over the last five days, the stock has lost -0.13%. Global Business Travel Group Inc shares have fallen nearly -19.40% since the year began. Nevertheless, the stocks have risen 35.26% 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 03/13/25. SMA at 50 days reached $8.58, while 200 days put it at $7.81.
Levels Of Support And Resistance For GBTG Stock
The 24-hour chart illustrates a support level at 7.35, which if violated will result in even more drops to 7.21. On the upside, there is a resistance level at 7.55. A further resistance level may holdings at 7.62. The Relative Strength Index (RSI) on the 14-day chart is 32.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.46%. Stochastics %K at 18.05% indicates the stock is a buying.
How much short interest is there in Global Business Travel Group Inc?
A steep rise in short interest was recorded in Global Business Travel Group Inc stocks on 2025-02-28, growing by 0.69 million shares to a total of 4.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.09 million shares. There was a rise of 14.42%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 07, 2022 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $6.50 price target.
