Travelport Worldwide Limited (NYSE:TVPT) : During the past 4 weeks, traders have been relatively bearish on Travelport Worldwide Limited (NYSE:TVPT), hence the stock is down -0.99% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.97% 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 0.3% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.94% from its 1 Year high price. On Sep 21, 2015, the shares registered one year high at $15.34 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $12.93 and the 200 Day Moving Average price is recorded at $12.76.
The stock has recorded a 20-day Moving Average of 4.59% and the 50-Day Moving Average is 0.83%.
Travelport Worldwide Limited (NYSE:TVPT): stock turned positive on Friday. Though the stock opened at $13.18, the bulls momentum made the stock top out at $13.36 level for the day. The stock recorded a low of $13.17 and closed the trading day at $13.21, in the green by 1.69%. The total traded volume for the day was 958,087. The stock had closed at $12.99 in the previous days trading.
In an insider trading activity, The officer , of Travelport Worldwide Ltd, Ekert Kurt Joseph had unloaded 33,048 shares at $14 per share in a transaction on August 6, 2015. The total value of transaction was $462,672. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment and other solutions. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform. It provides air distribution services to approximately 400 airlines around the world, including approximately 100 low cost carriers (LCCs). It distributes ancillaries for 25 airlines. In addition, it serves various Beyond Air travel providers, including over 650,000 hotel properties (of which over 550,000 are independent hotel properties), over 35,000 car rental locations and 61 cruise-line and tour operators. Its travel commerce platform, Air, provides real-time search, pricing, booking, change, payment and itinerary creation for travelers who use the services of online and offline travel agencies for both leisure and business travel.