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The price of Global E Online Ltd (NASDAQ: GLBE) closed at $33.43 in the last session, down -1.53% from day before closing price of $33.95. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.91 million shares were traded. GLBE stock price reached its highest trading level at $34.75 during the session, while it also had its lowest trading level at $33.36.
Ratios:
We take a closer look at GLBE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. 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 this company, Wells Fargo on January 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $50.
On September 22, 2023, UBS started tracking the stock assigning a Buy rating and target price of $50.
On August 07, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $50.The Benchmark Company initiated its Buy rating on August 07, 2023, with a $50 target price.
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 5559643136 and an Enterprise Value of 5265544704. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.75 while its Price-to-Book (P/B) ratio in mrq is 6.14. Its current Enterprise Value per Revenue stands at 9.239 whereas that against EBITDA is 110.215.
Stock Price History:
Over the past 52 weeks, GLBE has reached a high of $45.72, while it has fallen to a 52-week low of $26.01. The 50-Day Moving Average of the stock is -7.06%, while the 200-Day Moving Average is calculated to be -11.18%.
Shares Statistics:
According to the various share statistics, GLBE traded on average about 1.18M shares per day over the past 3-months and 1221990 shares per day over the past 10 days. A total of 165.77M shares are outstanding, with a floating share count of 105.40M. Insiders hold about 36.62% of the company’s shares, while institutions hold 52.35% stake in the company. Shares short for GLBE as of 1711584000 were 8364359 with a Short Ratio of 7.08, compared to 1709164800 on 5753575. Therefore, it implies a Short% of Shares Outstanding of 8364359 and a Short% of Float of 8.7299995.
Earnings Estimates
The current rating of Global E Online Ltd (GLBE) is the result of assessments by Global-E Online Ltd. analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $5.80, with high estimates of $5.17 and low estimates of $2.00.
Analysts are recommending an EPS of between $Financial Services and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.
