Sabre Corporation (SABR) : Traders are bullish on Sabre Corporation (SABR) as it has outperformed the S&P 500 by a wide margin of 6.6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.88%, 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 2.39% in the last 1 week, and is up 6.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.59% and the 50-Day Moving Average is 3.43%.The 200 Day SMA reached 4.05%. Sabre Corporation is up 2.19% in the last 3-month period. Year-to-Date the stock performance stands at 3.56%.
Sabre Corporation (NASDAQ:SABR): After opening at $28.49, the stock dipped to an intraday low of $28.49 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.83 and the buying power remained strong till the end. The stock closed at $28.69 for the day, a gain of 0.84% for the day session. The total traded volume was 1,767,779. The stocks close on the previous trading day was $28.45.
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.