Global E Online Ltd (NASDAQ: GLBE) is -19.13% 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 $45.07 in the last trading session, with the day’s loss setting it -0.97%.
Currently trading at $44.10, the stock is -23.74% and -21.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing -2.15% at the moment leaves the stock 6.53% off its SMA200. GLBE registered 31.66% gain for a year compared to 6-month gain of 24.37%..
The stock witnessed a -21.84% loss in the last 1 month and extending the period to 3 months gives it a 3.18%, and is -29.82% 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 8.29% over the week and 4.23% over the month.
Global E Online Ltd (GLBE) has around 923 employees, a market worth around $7.36B and $752.76M in sales. Fwd P/E is 44.78. Profit margin for the company is -10.04%. Distance from 52-week low is 56.88% and -30.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.27%).
with sales reaching $187.78M over the same period.The EPS is expected to grow by 185.09% this year, but quarterly earnings will post 26.27% year-over-year. Quarterly sales are estimated to grow 28.73% in year-over-year returns.
Global E Online Ltd (GLBE) Top Institutional Holders
The shares outstanding are 166.99M, and float is at 102.80M 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 8.8237 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
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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).
