The price of Global Blue Group Holding AG (NYSE:GB) shares last traded on Wall Street fell -0.14% to $7.31.
GB stock price is now 6.49% away from the 50-day moving average and 30.83% away from the 200-day moving average. The market capitalization of the company currently stands at $1.46B.
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With the price target of $6, Oppenheimer recently initiated with Outperform rating for Global Blue Group Holding AG (NYSE: GB). On September 12, 2023, Deutsche Bank recently initiated its ‘Buy’ rating on the stock quoting a target price of $8
In other news, THOMAS WELLS FARLEY, Officer bought 47,500 shares of the company’s stock on Feb 03 ’25. The stock was bought for $329,650 at an average price of $6.94. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, affiliate Jorge Casal bought 47,470 shares of the business’s stock. A total of $379,760 was incurred on buying the stock at an average price of $8.00. A total of 80.04% of the company’s stock is owned by insiders.
During the past 12 months, Global Blue Group Holding AG has had a low of $4.26 and a high of $8.00. As of last week, the company has a debt-to-equity ratio of 5.94, a current ratio of 1.00, and a quick ratio of 1.00.
The net profit margin was 9.60% and return on equity was 82.33% for GB. The company reported revenue of $145.1 million for the quarter, compared to $123.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.8 percent.
