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The closing price of Global E Online Ltd (NASDAQ: GLBE) was $36.60 for the day, down -2.61% from the previous closing price of $37.58. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 0.63 million shares were traded. GLBE stock price reached its highest trading level at $37.23 during the session, while it also had its lowest trading level at $36.351.
Ratios:
Our analysis of GLBE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.59. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6272141824 and an Enterprise Value of 5792453120. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.66 while its Price-to-Book (P/B) ratio in mrq is 6.96. Its current Enterprise Value per Revenue stands at 9.152 whereas that against EBITDA is 80.285.
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 4.67%, while the 200-Day Moving Average is calculated to be 4.27%.
Shares Statistics:
GLBE traded an average of 976.29K shares per day over the past three months and 730700 shares per day 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 56.06% stake in the company. Shares short for GLBE as of 1726185600 were 8471842 with a Short Ratio of 8.68, compared to 1723680000 on 8302946. Therefore, it implies a Short% of Shares Outstanding of 8471842 and a Short% of Float of 8.7799996.
