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Global Net Lease Inc (NYSE: GNL) closed the day trading at $7.57 up 1.20% from the previous closing price of $7.48. In other words, the price has increased by $1.20 from its previous closing price. On the day, 1.98 million shares were traded. GNL stock price reached its highest trading level at $7.59 during the session, while it also had its lowest trading level at $7.45.
Ratios:
For a better understanding of GNL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.64. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 1.98.
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 this company, Truist on March 28, 2024, initiated with a Hold rating and assigned the stock a target price of $7.
On February 13, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $11.BMO Capital Markets initiated its Outperform rating on February 13, 2024, with a $11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 27 ’24 when SCHORSCH NICHOLAS S sold 200,000 shares for $7.15 per share. The transaction valued at 1,430,000 led to the insider holds 1,629,073 shares of the business.
SCHORSCH NICHOLAS S sold 100,000 shares of GNL for $702,000 on Jun 26 ’24. The 10% Owner now owns 1,829,073 shares after completing the transaction at $7.02 per share. On Jun 25 ’24, another insider, SCHORSCH NICHOLAS S, who serves as the 10% Owner of the company, sold 150,000 shares for $7.08 each. As a result, the insider received 1,062,000 and left with 1,929,073 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GNL now has a Market Capitalization of 1744006912 and an Enterprise Value of 6781339136. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 10.819 whereas that against EBITDA is 17.179.
Stock Price History:
The Beta on a monthly basis for GNL is 1.34, which has changed by -0.29515827 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, GNL has reached a high of $11.58, while it has fallen to a 52-week low of $6.52. The 50-Day Moving Average of the stock is 2.88%, while the 200-Day Moving Average is calculated to be -6.60%.
Shares Statistics:
Over the past 3-months, GNL traded about 1.43M shares per day on average, while over the past 10 days, GNL traded about 1614000 shares per day. A total of 230.89M shares are outstanding, with a floating share count of 199.88M. Insiders hold about 13.24% of the company’s shares, while institutions hold 62.58% stake in the company. Shares short for GNL as of 1718323200 were 8976730 with a Short Ratio of 6.26, compared to 1715731200 on 10569442. Therefore, it implies a Short% of Shares Outstanding of 8976730 and a Short% of Float of 6.670000399999999.
Dividends & Splits
GNL’s forward annual dividend rate is 1.38, up from 1.508 a year ago. Against a Trailing Annual Dividend Yield of 0.20160428The stock’s 5-year Average Dividend Yield is 12.47.
