GB Stock Summary and Trading Ideas (Global Blue Gr Holding | NYSE:GB)

Global Blue Group Holding AG offers a seamless shopping and payment journey for tourists and also provides a wide range of Added-Value Payment Solutions for all the stakeholders involved, including retailers and international shoppers. The company connect thousands of retailers, acquirers, and hotels with nearly 80 million consumers across more than 50 countries, in three industries: Tax Free Shopping, Payments and Post-Purchase solutions.

Global Blue Gr Holding trades on the NYSE stock market under the symbol GB.

As of October 17, 2024, GB stock price declined to $5.19 with 29,299 million shares trading.

GB has a beta of 0.96, meaning it tends to be less sensitive to market movements. GB has a correlation of 0.09 to the broad based SPY ETF.

GB has a market cap of $1.04 billion. This is considered a Small Cap stock.

Last quarter Global Blue Gr Holding reported $127 million in Revenue and $.02 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$.06.

In the last 3 years, GB traded as high as $9.99 and as low as $3.49.

GB has underperformed the market in the last year with a price return of -6.0% while the SPY ETF gained +35.2%. GB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.4% and -4.9%, respectively, while the SPY returned +3.4% and +2.4%, respectively.

GB support price is $5.09 and resistance is $5.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GB shares will trade within this expected range on the day.