Global E Online Ltd (GLBE) concluded trading on Wednesday at a closing price of $43.77, with 4.07 million shares of worth about $178.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.38% during that period and on Wednesday the price saw a loss of about -0.68%. Currently the company’s common shares owned by public are about 166.99M shares, out of which, 102.80M shares are available for trading.
Stock saw a price change of -14.01% in past 5 days and over the past one month there was a price change of -24.57%. Year-to-date (YTD), GLBE shares are showing a performance of -19.73% which increased to 32.20% 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 $63.69 during that period. The average intraday trading volume for Global E Online Ltd shares is 1.39 million. The stock is currently trading -22.26% below its 20-day simple moving average (SMA20), while that difference is down -21.48% for SMA50 and it goes to 5.41% higher than SMA200.
Global E Online Ltd (NASDAQ: GLBE) currently have 166.99M outstanding shares and institutions hold larger chunk of about 58.30% of that.
The stock has a current market capitalization of $7.31B and its 3Y-monthly beta is at 1.29. It has posted earnings per share of -$0.45 in the same period. It has Quick Ratio of 2.18 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 6.60% while standing at 4.34% over the month.
Stock’s fiscal year EPS is expected to rise by 166.65% while it is estimated to increase by 228.39% 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 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.
