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Global E Online Ltd (NASDAQ: GLBE) closed the day trading at $45.07 down -3.35% from the previous closing price of $46.63. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 2.91 million shares were traded.
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 15.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.06. 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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.00 while its Price-to-Book (P/B) ratio in mrq is 8.66.
Stock Price History:
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 -20.03%, while the 200-Day Moving Average is calculated to be 9.02%.
Shares Statistics:
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 58.29% stake in the company.