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As of close of business last night, Global E Online Ltd’s stock clocked out at $36.90, up 2.10% from its previous closing price of $36.14. In other words, the price has increased by $2.10 from its previous closing price. On the day, 1.24 million shares were traded. GLBE stock price reached its highest trading level at $37.34 during the session, while it also had its lowest trading level at $36.42.
Ratios:
To gain a deeper understanding of GLBE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.35 and its Current Ratio is at 2.35. 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.
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 6162004992 and an Enterprise Value of 5856825856. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.30 while its Price-to-Book (P/B) ratio in mrq is 6.92. Its current Enterprise Value per Revenue stands at 9.791 whereas that against EBITDA is 99.961.
Stock Price History:
The Beta on a monthly basis for GLBE is 1.08, which has changed by -0.1626957 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, GLBE has reached a high of $45.72, while it has fallen to a 52-week low of $27.30. The 50-Day Moving Average of the stock is 15.28%, while the 200-Day Moving Average is calculated to be 4.74%.
Shares Statistics:
It appears that GLBE traded 1.22M shares on average per day over the past three months and 1064720 shares per day over the past ten days. A total of 165.77M shares are outstanding, with a floating share count of 93.68M. Insiders hold about 43.90% of the company’s shares, while institutions hold 55.93% stake in the company. Shares short for GLBE as of 1718323200 were 8372464 with a Short Ratio of 7.20, compared to 1715731200 on 8734926. Therefore, it implies a Short% of Shares Outstanding of 8372464 and a Short% of Float of 8.68.
