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In the latest session, Global E Online Ltd (NASDAQ: GLBE) closed at $52.55 down -2.90% from its previous closing price of $54.12. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.69 million shares were traded. GLBE stock price reached its highest trading level at $54.5 during the session, while it also had its lowest trading level at $52.29.
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 24.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.89. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On May 21, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $33 to $37.
On January 17, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $50.Wells Fargo initiated its Overweight rating on January 17, 2024, 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 Jan 06 ’25 when Shahar Tamari bought 342,000 shares for $54.12 per share.
Amir Schlachet bought 101,000 shares of GLBE for $5,552,980 on Jan 03 ’25. On Jan 02 ’25, another insider, Nir Debbi, who serves as the Director of the company, bought 218,762 shares for $53.75 each.
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 8775429120 and an Enterprise Value of 7672679424. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.00 while its Price-to-Book (P/B) ratio in mrq is 10.09. Its current Enterprise Value per Revenue stands at 12.123 whereas that against EBITDA is 106.345.
Stock Price History:
Over the past 52 weeks, GLBE has reached a high of $57.85, while it has fallen to a 52-week low of $28.11. The 50-Day Moving Average of the stock is 7.86%, while the 200-Day Moving Average is calculated to be 38.66%.
Shares Statistics:
For the past three months, GLBE has traded an average of 1.22M shares per day and 828850 over the past ten days. A total of 166.99M shares are outstanding, with a floating share count of 95.89M. Insiders hold about 42.58% of the company’s shares, while institutions hold 57.33% stake in the company. Shares short for GLBE as of 1730332800 were 7982220 with a Short Ratio of 3.70, compared to 1727654400 on 7973926. Therefore, it implies a Short% of Shares Outstanding of 7982220 and a Short% of Float of 8.28.
