Global E Online Ltd (NASDAQ: GLBE) is -25.73% 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 $39.76 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $40.50, the stock is -21.68% and -25.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 1.86% at the moment leaves the stock -3.14% off its SMA200. GLBE registered 19.19% gain for a year compared to 6-month gain of 17.66%.
The stock witnessed a -30.83% loss in the last 1 month and extending the period to 3 months gives it a -22.53%, and is -7.47% 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 4.11% over the week and 4.58% over the month.
Global E Online Ltd (GLBE) has around 923 employees, a market worth around $6.76B and $752.76M in sales. Fwd P/E is 42.04. Profit margin for the company is -10.04%. Distance from 52-week low is 44.08% and -36.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.27%).
The EPS is expected to grow by 161.89% this year
The shares outstanding are 166.99M, and float is at 102.80M with Short Float at 4.16%.
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
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).
