Sabre Corporation (SABR) Shares Slide -0.17%

Sabre Corporation (SABR) has risen sharply, recording gains of 8.53% in the past 4 weeks. However, the stock has corrected -0.17% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.43% and the 50-Day Moving Average is 4.73%. Sabre Corporation is up 1.18% in the last 3-month period. Year-to-Date the stock performance stands at 5.22%.


Sabre Corporation (NASDAQ:SABR): On Fridays trading session , Opening price of the stock was $29.39 with an intraday high of $29.63. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.01. However, the stock managed to close at $29.15, a loss of 0.41% for the day. On the previous day, the stock had closed at $29.27. The total traded volume of the day was 2,701,362 shares.

Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey upgrades its outlook on Sabre Corporation (NASDAQ:SABR). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on June 1, 2016.

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.

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