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As of close of business last night, Global E Online Ltd’s stock clocked out at $35.95, down -1.75% from its previous closing price of $36.59. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 0.91 million shares were traded. GLBE stock price reached its highest trading level at $36.7094 during the session, while it also had its lowest trading level at $35.62.
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 17.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.71. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 6111931392 and an Enterprise Value of 5683914752. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.49 while its Price-to-Book (P/B) ratio in mrq is 6.83. Its current Enterprise Value per Revenue stands at 8.981 whereas that against EBITDA is 78.78.
Stock Price History:
The Beta on a monthly basis for GLBE is 1.11, which has changed by 0.00965786 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. 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 2.54%, while the 200-Day Moving Average is calculated to be 2.50%.
Shares Statistics:
It appears that GLBE traded 978.91K shares on average per day over the past three months and 758730 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 56.01% stake in the company. Shares short for GLBE as of 1726185600 were 8471842 with a Short Ratio of 8.65, compared to 1723680000 on 8302946. Therefore, it implies a Short% of Shares Outstanding of 8471842 and a Short% of Float of 8.7799996.
