Headlines

Sabre Corporation Stock Went Down By Over 30% In The Last 21 Sessions

(VIANEWS) – Shares of Sabre Corporation (NASDAQ: SABR) fell by a staggering 30.5% in 21 sessions from $5.77 at 2023-02-16, to $4.01 at 10:44 EST on Monday, after five successive sessions in a row of losses. NASDAQ is falling 0.37% to $11,588.02, following the last session’s downward trend.

Sabre Corporation’s last close was $3.88, 67.02% under its 52-week high of $11.77.

About Sabre Corporation

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. This segment also provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include reservation systems for carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. The Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery models. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.

Earnings Per Share

As for profitability, Sabre Corporation has a trailing twelve months EPS of $-4.42.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Sabre Corporation’s stock is considered to be overbought (>=80).

Sales Growth

Sabre Corporation’s sales growth is 33% for the ongoing quarter and 32.5% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 36.2% and 58.6%, respectively.

Volume

Today’s last reported volume for Sabre Corporation is 670834 which is 92.01% below its average volume of 6384310.

More news about Sabre Corporation (SABR).

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