Sabre Corp (SABR) At $2.90 Offering A Unique Opportunity

Sabre Corp (NASDAQ:SABR) currently has a daily average trading volume of 5.96M but it saw 8355097 shares traded in last market. With a market cap of 1.10B USD, the company’s current market price of $2.90 came rising about 1.05 while comparing to the previous closing price of $2.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.76 and as low as $1.81.

Taking a look at 20-day trading activity of Sabre Corp (SABR) gives us an average price of $2.69, while its current price level is -49.70% below from 52-week high level whereas it is 60.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.49 while that of 200 days or SMA-200 reads an average of $3.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.56% during that period while stretching the period over a month that increases to 6.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.53 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on February 21, 2024, recommending a price target of $5 for it. BofA Securities upgraded its recommendation for the stock as a “Neutral” from “Underperform” on January 08, 2024 while assigning a price target range of $3.50-$5. Bernstein issued its recommendations for the stock as it upgraded the price target for the stock is $3.50.

Over the week, SABR’s stock price is moving 5.07% up while it is 11.97% when we observe its performance for the past one month. Year-to-date it is -34.09% down and over the past year, the stock is showing a downside performance of -26.58%.

Currently, Sabre Corp’s total number of outstanding shares is 379.57M. Company’s return on investment (ROI) stands at -15.49%. It has a 12.98 of forward P/E ratio. Stock’s beta reads 1.70. Stock has a price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is -10.96% on average.