Balance Sheet Insights: Global E Online Ltd (GLBE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Global E Online Ltd (NASDAQ: GLBE) closed at $37.96 up 1.31% from its previous closing price of $37.47. In other words, the price has increased by $1.31 from its previous closing price. On the day, 1.09 million shares were traded. GLBE stock price reached its highest trading level at $38.4999 during the session, while it also had its lowest trading level at $37.61.

Ratios:

For a deeper understanding of Global E Online Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.44. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on May 21, 2024, Upgraded its rating to Overweight and sets its target price to $37 from $33 previously.

On January 17, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $50.

On September 22, 2023, UBS started tracking the stock assigning a Buy rating and target price of $50.UBS initiated its Buy rating on September 22, 2023, with a $50 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 16 ’24 when Deutsche Post Beteiligungen Ho bought 1,669,922 shares for $31.53 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLBE now has a Market Capitalization of 6339016192 and an Enterprise Value of 6019549696. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.02 while its Price-to-Book (P/B) ratio in mrq is 7.21. Its current Enterprise Value per Revenue stands at 9.511 whereas that against EBITDA is 83.432.

Stock Price History:

Over the past 52 weeks, GLBE has reached a high of $42.88, while it has fallen to a 52-week low of $27.30. The 50-Day Moving Average of the stock is 9.68%, while the 200-Day Moving Average is calculated to be 8.43%.

Shares Statistics:

For the past three months, GLBE has traded an average of 1.04M shares per day and 934910 over the past ten days. A total of 165.77M shares are outstanding, with a floating share count of 94.79M. Insiders hold about 43.24% of the company’s shares, while institutions hold 56.01% stake in the company. Shares short for GLBE as of 1724976000 were 8447317 with a Short Ratio of 8.14, compared to 1722384000 on 7334719. Therefore, it implies a Short% of Shares Outstanding of 8447317 and a Short% of Float of 8.76.

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