Travelport Worldwide Limited (TVPT) : Traders are bullish on Travelport Worldwide Limited (TVPT) as it has outperformed the S&P 500 by a wide margin of 8.64% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.32%, 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 1.49% in the last 1 week, and is up 8.05% 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 5.1% and the 50-Day Moving Average is 8.97%.The 200 Day SMA reached 15.99%
Travelport Worldwide Limited (NYSE:TVPT): After opening at $14.94, the stock dipped to an intraday low of $14.83 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.09 and the buying power remained strong till the end. The stock closed at $15.03 for the day, a gain of 0.74% for the day session. The total traded volume was 1,044,810. The stocks close on the previous trading day was $15.03.
Travelport Worldwide Limited (TVPT) : Average target price received by Travelport Worldwide Limited (TVPT) is $16.92 with an expected standard deviation of $2.01. The most aggressive target on the stock is $20, whereas the most downbeat target is $15. 6 financial analysts are currently covering the stock.
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.