Sabre Corporation (SABR) : Traders are bullish on Sabre Corporation (SABR) as it has outperformed the S&P 500 by a margin of 7.48% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.76% in the last 1 week, and is up 14.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Sabre Corporation (NASDAQ:SABR): The stock opened at $29.23 on Friday but the bulls could not build on the opening and the stock topped out at $29.41 for the day. The stock traded down to $29.02 during the day, due to lack of any buying support eventually closed down at $29.20 with a loss of -0.10% for the day. The stock had closed at $29.23 on the previous day. The total traded volume was 1,873,013 shares.
The stock has recorded a 20-day Moving Average of 5.58% and the 50-Day Moving Average is 5.16%. Sabre Corporation is up 4.72% in the last 3-month period. Year-to-Date the stock performance stands at 5.4%.
Sabre Corporation (Sabre) is a technology solutions provider to the global travel and tourism industry. The Company operates in two segments: Travel Network, which is a global business-to-business travel marketplace for travel suppliers and travel buyers, and Airline and Hospitality Solutions, which provides a suite of software solutions, primarily for airlines and hotel properties. The Company connects travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. It also offers travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to marketing and operations solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight operations and managing day-to-day hotel operations.