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 $32.69 down -0.27% from the previous closing price of $32.78. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1.09 million shares were traded. GLBE stock price reached its highest trading level at $32.89 during the session, while it also had its lowest trading level at $32.1.
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 17.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.92. 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 5436575744 and an Enterprise Value of 5142477312. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.54 while its Price-to-Book (P/B) ratio in mrq is 6.01. Its current Enterprise Value per Revenue stands at 9.023 whereas that against EBITDA is 107.64.
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 $27.30. The 50-Day Moving Average of the stock is -4.85%, while the 200-Day Moving Average is calculated to be -11.48%.
Shares Statistics:
Over the past 3-months, GLBE traded about 1.21M shares per day on average, while over the past 10 days, GLBE traded about 838900 shares per day. A total of 165.77M shares are outstanding, with a floating share count of 92.75M. Insiders hold about 44.23% of the company’s shares, while institutions hold 52.77% stake in the company. Shares short for GLBE as of 1713139200 were 9317529 with a Short Ratio of 7.72, compared to 1710460800 on 7325947. Therefore, it implies a Short% of Shares Outstanding of 9317529 and a Short% of Float of 9.729999.
