On Jun 27, 2018 Travelport Worldwide Limitedhares (NYSE:TVPT) Sellers Increased Their Shorts By 25.95%

June 27, 2018 - By Nell Hawkins

Travelport Worldwide Limited (NYSE:TVPT) Corporate Logo

Travelport Worldwide Limitedhares (NYSE:TVPT) had an increase of its shorted shares by 25.95%. It was published in June by FINRA the 2.33 million shorted shares on TVPT. That’s 25.95% up from 1.85M shares. With Average volume 1.23M, TVPT’s previous position will take 2 days to restore. Float short on Travelport Worldwide Limitedhares is 1.88%.

TVPT is touching $18.33 during the last trading session, after decreased 0.05%.Travelport Worldwide Limited has volume of 22,724 shares. Since June 27, 2017 TVPT has risen 28.46% and is uptrending. The stock outperformed the S&P500 by 15.89%.

Travelport Worldwide Limited, together with its subsidiaries, provides travel commerce platform that offers distribution, technology, payment, and other solutions for the travel and tourism industry in the United States, the United Kingdom, and internationally.The firm is valued at $2.31 billion. It facilitates travel commerce by connecting the airlines and hotel chains with online and offline travel agencies and other travel buyers through its proprietary business to business travel commerce platform.15.98 is the P/E ratio. The firm also provides distribution and merchandising solutions for hotel, car rental, rail, cruise-line, and tour operators; virtual account number payment solutions that automatically generate unique MasterCard numbers that are used to process payments; advertising solutions; and other platform services, such as subscription, processing, and business intelligence data services, as well as marketing-oriented analytical tools.

Travelport Worldwide Limited (NYSE:TVPT) Ratings Coverage

In total 7 analysts cover Travelport Worldwide (NYSE:TVPT). “Buy” rating has 3, “Sell” are 1, while 3 are “Hold”. (NYSE:TVPT) has 43% bullish analysts. With $25 highest and $14.5 lowest target price, Travelport Worldwide has $19.80 average target price or 8.02% above the current ($18.33) price. 10 are the (NYSE:TVPT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, January 5 the rating was downgraded by Evercore to “Underperform”. On Monday, June 25 Deutsche Bank maintained the shares of TVPT in report with “Buy” rating. On Wednesday, February 21 UBS maintained Travelport Worldwide Limited (NYSE:TVPT) rating. UBS has “Neutral” rating and $15 target. In Monday, March 26 report Cowen & Co maintained the stock with “Buy” rating. On Friday, May 4 the firm earned “Equal-Weight” rating by Morgan Stanley. On Wednesday, February 21 the firm earned “Equal-Weight” rating by Morgan Stanley. On Tuesday, May 15 the stock of Travelport Worldwide Limited (NYSE:TVPT) earned “Neutral” rating by Bank of America. On Tuesday, March 27 the firm has “Buy” rating by Deutsche Bank given. On Friday, May 4 the company was maintained by Imperial Capital.

More recent Travelport Worldwide Limited (NYSE:TVPT) news were announced by Streetinsider.com, Prnewswire.com and Globenewswire.com. The first one has “Travelport Worldwide Limited (TVPT) PT Raised to $25 at Deutsche Bank After SOTP and LBO Analysis” as a title and was announced on June 25, 2018. The next is “Travelport Worldwide Limited Confirms Date and Time for Second Quarter 2018 Earnings Conference Call” on June 25, 2018. And last was announced on June 04, 2018, called “Report: Developing Opportunities within Wix, AxoGen, YPF Sociedad Anonima, Orix Corp Ads, Travelport Worldwide …”.

Travelport Worldwide Limited (NYSE:TVPT) Analyst Ratings Chart

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