Market Resilience: Global E Online Ltd (GLBE) Finishes Strong at 37.46, Up 3.14

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

Global E Online Ltd (NASDAQ: GLBE) closed the day trading at $37.46 up 3.14% from the previous closing price of $36.32. In other words, the price has increased by $3.14 from its previous closing price. On the day, 1.4 million shares were traded. GLBE stock price reached its highest trading level at $37.97 during the session, while it also had its lowest trading level at $36.245.

Ratios:

For a better understanding of GLBE, 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 13.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.08. 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:

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 Mar 07 ’25 when Deutsche Post Beteiligungen Ho bought 1,669,922 shares for $38.81 per share.

Shahar Tamari bought 342,000 shares of GLBE for $18,509,040 on Jan 06 ’25. On Jan 03 ’25, another insider, Amir Schlachet, who serves as the Director of the company, bought 101,000 shares for $54.98 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 6255520256 and an Enterprise Value of 5859422720. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.31 while its Price-to-Book (P/B) ratio in mrq is 7.20. Its current Enterprise Value per Revenue stands at 7.784 whereas that against EBITDA is 57.666.

Stock Price History:

The Beta on a monthly basis for GLBE is 1.35, which has changed by -0.003723383 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, GLBE has reached a high of $63.69, while it has fallen to a 52-week low of $28.11. The 50-Day Moving Average of the stock is -26.26%, while the 200-Day Moving Average is calculated to be -11.17%.

Shares Statistics:

Over the past 3-months, GLBE traded about 1.65M shares per day on average, while over the past 10 days, GLBE traded about 2212820 shares per day. A total of 166.99M shares are outstanding, with a floating share count of 102.80M. Insiders hold about 38.44% of the company’s shares, while institutions hold 58.30% stake in the company. Shares short for GLBE as of 1740700800 were 3563719 with a Short Ratio of 2.15, compared to 1738281600 on 4583115. Therefore, it implies a Short% of Shares Outstanding of 3563719 and a Short% of Float of 3.6900000000000004.

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