Global Net Lease Inc (GNL) concluded trading on Thursday at a closing price of $8.39, with 2.66 million shares of worth about $22.31 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.84% during that period and on October 10, 2024 the price saw a loss of about -2.10%. Currently the company’s common shares owned by public are about 230.89M shares, out of which, 199.83M shares are available for trading.
Stock saw a price change of -0.94% in past 5 days and over the past one month there was a price change of -2.67%. Year-to-date (YTD), GNL shares are showing a performance of -15.68% which decreased to -2.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.52 but also hit the highest price of $10.19 during that period. The average intraday trading volume for Global Net Lease Inc shares is 1.43 million. The stock is currently trading -2.49% below its 20-day simple moving average (SMA20), while that difference is down -1.21% for SMA50 and it goes to 4.73% higher than SMA200.
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Global Net Lease Inc (NYSE: GNL) currently have 230.89M outstanding shares and institutions hold larger chunk of about 63.36% of that.
The stock has a current market capitalization of $1.93B and its 3Y-monthly beta is at 1.34. It has posted earnings per share of -$1.73 in the same period. It has a debt-to-equity ratio of 2.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GNL, volatility over the week remained 2.47% while standing at 2.18% over the month.
Stock’s fiscal year EPS is expected to rise by 157.89% while it is estimated to increase by 7.07% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on March 28, 2024 offering a Hold rating for the stock and assigned a target price of $7 to it. On February 13, 2024, BMO Capital Markets Initiated their recommendations, while on March 16, 2023, Exane BNP Paribas Initiated their ratings for the stock with a price target of $13. Stock get a Mkt perform rating from JMP Securities on May 10, 2022.
