Travelport Worldwide Limited (TVPT) Shares are Down -3.69%

Travelport Worldwide Limited (TVPT) : During the past 4 weeks, traders have been relatively bearish on Travelport Worldwide Limited (TVPT), hence the stock is down -1.47% 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 -3.75% relative to the S&P 500. The 4-week change in the price of the stock is -0.45% and the stock has fallen -3.69% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.72% and the 50-Day Moving Average is 1.35%. Travelport Worldwide Limited (NYSE:TVPT): The stock was completely flat for the day, closing at $13.30 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $13.34, the stock touched an intraday high of $13.44 and a low of $13.18. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $13.30. The total trading volume on Friday was 640,520.


The company Insiders own 1.3% of Travelport Worldwide Limited shares according to the proxy statements. Institutional Investors own 95.86% of Travelport Worldwide Limited shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.