Global E Online Ltd (NASDAQ: GLBE) is -40.71% lower on its value in year-to-date trading and has touched a low of $26.64 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 $33.71 in the last trading session, with the day’s loss setting it -1.38%.
Currently trading at $32.33, the stock is -7.92% and -24.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -4.09% at the moment leaves the stock -23.92% off its SMA200. GLBE registered -9.59% loss for a year compared to 6-month loss of -12.60%. The firm has a 50-day simple moving average (SMA 50) of $43.0716 and a 200-day simple moving average (SMA200) of $42.49345.
The stock witnessed a -10.42% gain in the last 1 month and extending the period to 3 months gives it a -39.10%, and is 7.27% up 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 11.54% over the week and 7.83% over the month.
Global E Online Ltd (GLBE) has around 1084 employees, a market worth around $5.48B and $752.76M in sales. Fwd P/E is 34.35. Profit margin for the company is -10.04%. Distance from 52-week low is 21.36% and -49.24% 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 161.65% this year.
Global E Online Ltd (GLBE) Top Institutional Holders
430.0 institutions hold shares in Global E Online Ltd (GLBE), with institutional investors hold 100.66% of the company’s shares. The shares outstanding are 169.13M, and float is at 104.30M with Short Float at 4.48%. Institutions hold 69.34% of the Float.
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 10.4737% 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 Apr 02 ’25, Nir Debbi (Director) Proposed Sale 46,871 shares at an average price of $37.48 for $1.76 million. The insider now directly holds shares of Global E Online Ltd (GLBE).
