Global E Online Ltd (GLBE) concluded trading on Wednesday at a closing price of $47.86, with 5.68 million shares of worth about $272.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.39% during that period and on November 20, 2024 the price saw a gain of about 11.98%. Currently the company’s common shares owned by public are about 165.77M shares, out of which, 94.22M shares are available for trading.
Stock saw a price change of 13.28% in past 5 days and over the past one month there was a price change of 21.78%. Year-to-date (YTD), GLBE shares are showing a performance of 20.77% which increased to 49.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.11 but also hit the highest price of $43.52 during that period. The average intraday trading volume for Global E Online Ltd shares is 875.50K. The stock is currently trading 19.00% above its 20-day simple moving average (SMA20), while that difference is up 23.84% for SMA50 and it goes to 36.20% higher than SMA200.
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Global E Online Ltd (NASDAQ: GLBE) currently have 165.77M outstanding shares and institutions hold larger chunk of about 57.30% of that.
The stock has a current market capitalization of $7.99B and its 3Y-monthly beta is at 1.12. It has posted earnings per share of -$0.60 in the same period. It has Quick Ratio of 2.28 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GLBE, volatility over the week remained 5.06% while standing at 3.44% over the month.
Stock’s fiscal year EPS is expected to rise by 41.85% while it is estimated to increase by 131.41% in next year. EPS is likely to shrink at an annualized rate of 23.20% for next 5-years, compared to annual growth of 70.41% made by the stock over the past 5-years.
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 Morgan Stanley on October 18, 2024 offering an Equal-weight rating for the stock and assigned a target price of $40 to it. Coverage by Morgan Stanley stated Global E Online Ltd (GLBE) stock as an Overweight in their note to investors on May 21, 2024, suggesting a price target of $37 for the stock. On January 17, 2024, Wells Fargo Initiated their recommendations, while on September 22, 2023, UBS Initiated their ratings for the stock with a price target of $50. Stock get a Buy rating from The Benchmark Company on August 07, 2023.
