Webjet Ltd traded at 2.96 this Friday February 6th, decreasing 1.24 or 29.52 percent since the previous trading session. Looking back, over the last four weeks, Webjet lost 36.48 percent. Over the last 12 months, its price fell by 41.50 percent. Looking ahead, we forecast Webjet Ltd to be priced at 4.53 by the end of this quarter and at 4.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
WEB Travel Group Limited, formerly Webjet Limited, is an Australia-based global business to business (B2B) travel distribution company. The Company connects travel sellers with travel buyers across all major global markets. WebBeds, its brand, is a global online marketplace for the travel trade, an intermediary connecting hotels and other travel service suppliers to a distribution network of travel buyers all over the world. WebBeds sources room inventory from worldwide hotels, then connects, aggregates and merchandises that inventory as bookable product in its platform, the WebBeds Global Marketplace, and distributes it to a global network of travel trade buyers, who sell to the travelling public. Global and regional hotel chains, resorts, transfer and sightseeing companies and more - can sell their products through WebBeds by connecting to a diversified global network of over 44,000 travel buyers in 139 source markets. It also offers application programming interface connectivity.