What Technical Indicators Show About Sabre Corporation (SABR)?

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KOSK
KOSK

Sabre Corporation (NASDAQ:SABR) finished Thursday with a subtraction of -$0.32 to close at $5.93, a downside of -5.12 percent. An average of 5,142,240 shares of common stock have been traded in the last five days. There was a fall of -$0.94 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 5,489,755 shares traded, while the 50-day average volume stands at 5,608,808.

SABR stock has decreased by -15.41% in the last month. The company shares reached their 1-month lowest point of $5.81 on 09/22/22. With the stock rallying to its 52-week high on 02/18/22, shares of the company touched a low of $5.45 and a high of $12.65 in 52 weeks. It has reached a new high 13 times so far this year and lost -30.97% or -$2.66 in price. In spite of this, the price is down -53.12% from the 52-week high.


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Insider Transactions

38 days have passed since Sabre Corporation (SABR) last reported insider trading activity. MENKE SEAN E, who is Chief Executive Officer, most recently acquired $20,000 shares at $8.01 per share on Aug 16. In this transaction, the insider spent $160,200. Director, MANDEL GAIL, disposed of 715 shares at a price of $6.14 on Aug 01. The insider now owns more than $4,390 worth of shares. Prior to that, Director MANDEL GAIL went on to Sale 715 shares at $10.38 each on May 02. An amount of $7,422 was transacted.

Valuation Metrics

Sabre Corporation (SABR) stock’s beta is 1.74. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.95.

Financial Health

The quick ratio of Sabre Corporation for the three months ended March 30 was 2.10, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at -$55.41 million compared to revenue of $1.69 billion.

Earnings Surprise

For the three-month period that ended March 30, Sabre Corporation had $4.73 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$192.73 million in the quarter, while revenues were shrunk -30.38%. The analyst consensus anticipated Sabre Corporation’s latest quarter earnings to come in at -$0.34 per share, but it turned out to be -$0.29, a 14.70% surprise. For the quarter, EBITDA amounted to -$4.94 million. Shareholders own equity worth $328.19 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Sabre Corporation (SABR) price momentum. RSI 9-day as of the close on 22 September was 30.81%, suggesting the stock is Neutral, with historical volatility in this time frame at 62.38%.

As of today, SABR’s price is $6.33 -13.68% or -$0.94 from its 5-day moving average. SABR is currently trading -16.83% lower than its 20-day SMA and -43.36% lower than its 100-day SMA. However, the stock’s current price level is -0.50% below the SMA50 and -32.38% below the SMA200.

The stochastic %K and %D were 9.34% and 14.92%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 7.77% and the average true range at 0.41, the RSI (14) stands at 35.67%. The stock has reached -0.30 on the 9-day MACD Oscillator while the 14-day reading was at -0.43.

Analyst Ratings

BofA Securities upgraded Sabre Corporation (NASDAQ: SABR) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as an Underperform.

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