Global E Online Ltd (NASDAQ: GLBE) is -30.63% 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 $37.53 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $37.83, the stock is 7.99% and 5.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 0.80% at the moment leaves the stock -10.80% off its SMA200. GLBE registered 15.72% gain for a year compared to 6-month loss of -2.70%.
The stock witnessed a 4.88% gain in the last 1 month and extending the period to 3 months gives it a -36.41%, and is 3.50% 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 2.92% over the week and 4.14% over the month.
Global E Online Ltd (GLBE) has around 1084 employees, a market worth around $6.41B and $752.76M in sales. Fwd P/E is 42.70. Profit margin for the company is -10.04%. Distance from 52-week low is 42.00% and -40.60% 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 159.66% this year.
Global E Online Ltd (GLBE) Top Institutional Holders
The shares outstanding are 169.13M, and float is at 104.16M with Short Float at 4.49%.
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).
