Global E Online Ltd (NASDAQ: GLBE) is -6.66% lower on its value in year-to-date trading and has touched a low of $28.11 and a high of $63.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GLBE stock was last observed hovering at around $61.90 in the last trading session, with the day’s loss setting it -11.0%.
Currently trading at $50.90, the stock is -14.51% and -10.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.9 million and changing -17.77% at the moment leaves the stock 23.54% off its SMA200. GLBE registered 21.95% gain for a year compared to 6-month gain of 47.28%.
The stock witnessed a -9.27% loss in the last 1 month and extending the period to 3 months gives it a 24.09%, and is -18.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.95% over the week and 3.63% over the month.
Global E Online Ltd (GLBE) has around 923 employees, a market worth around $8.50B and $675.25M in sales. Fwd P/E is 51.79. Profit margin for the company is -14.68%. Distance from 52-week low is 81.07% and -20.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.13%).
with sales reaching $187.03M over the same period.The EPS is expected to grow by 166.36% this year, but quarterly earnings will post 27.05% year-over-year. Quarterly sales are estimated to grow 28.21% in year-over-year returns.
The shares outstanding are 166.99M, and float is at 102.78M with Short Float at 4.46%.
The top institutional shareholder in the company is MORGAN STANLEY with over 17.49 million shares valued at $634.34 million. The investor’s holdings represent 10.5238 of the GLBE Shares outstanding. As of 2024-06-30, the second largest holder is DRAGONEER INVESTMENT GROUP, LLC with 14.73 million shares valued at $534.4 million to account for 8.8659 of the shares outstanding. The other top investors are ABDIEL CAPITAL ADVISORS, LP which holds 6.78 million shares representing 4.0582 and valued at over $245.78 million, while CAPITAL WORLD INVESTORS holds 3.4073 of the shares totaling 5.69 million with a market value of $206.36 million.
Global E Online Ltd (GLBE) Insider Activity
Still, SEC filings show that on Jan 02 ’25, Nir Debbi (Director) Proposed Sale 218,762 shares at an average price of $53.75 for $11.76 million. The insider now directly holds shares of Global E Online Ltd (GLBE).
