Global E Online Ltd (NASDAQ: GLBE) is -39.28% 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 $34.28 in the last trading session, with the day’s loss setting it -1.17%.
Currently trading at $33.11, the stock is -8.20% and -7.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.29 million and changing -3.41% at the moment leaves the stock -22.06% off its SMA200. GLBE registered 11.29% gain for a year compared to 6-month loss of -17.64%.
The stock witnessed a 1.97% gain in the last 1 month and extending the period to 3 months gives it a -47.23%, and is -11.78% 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 6.43% over the week and 4.40% over the month.
Global E Online Ltd (GLBE) has around 1084 employees, a market worth around $5.61B and $796.77M in sales. Fwd P/E is 37.33. Profit margin for the company is -7.70%. Distance from 52-week low is 24.29% and -48.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.79%).
The EPS is expected to grow by 165.72% this year
The shares outstanding are 169.44M, 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
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).
