Global E Online Ltd [GLBE] stock is trading at $49.89, saw in change for the day. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GLBE shares have gain 23.80% over the last week, with a monthly amount glided 30.26%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Global E Online Ltd [NASDAQ: GLBE] stock has seen the most recent analyst activity on October 18, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight but kept the price target unchanged to $40 for it. Previously, Morgan Stanley upgraded its rating to Overweight on May 21, 2024, and elevated its price target to $37. On January 17, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $50 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $50 on September 22, 2023. The Benchmark Company initiated its recommendation with a Buy and recommended $50 as its price target on August 07, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on July 19, 2023, and upped its price target to $45. In a note dated December 10, 2021, Goldman initiated an Buy rating and provided a target price of $89 on this stock.
Global E Online Ltd [GLBE] stock has fluctuated between $28.11 and $52.26 over the past year. Currently, Wall Street analysts expect the stock to reach $51.88 within the next 12 months. Global E Online Ltd [NASDAQ: GLBE] shares were valued at $49.89 at the most recent close of the market. An investor can expect a potential return of 3.99% based on the average GLBE price forecast.
Analyzing the GLBE fundamentals
Global E Online Ltd [NASDAQ:GLBE] reported sales of 675.25M for the trailing twelve months, which represents a growth of 31.71%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.11 and Total Capital is -0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.33 points at the first support level, and at 48.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.39, and for the 2nd resistance point, it is at 50.89.
Ratios To Look Out For
For context, Global E Online Ltd’s Current Ratio is 2.18. Also, the Quick Ratio is 2.18, while the Cash Ratio stands at 0.76. Considering the valuation of this stock, the price to sales ratio is 12.34, the price to book ratio is 9.58.
Transactions by insiders
Recent insider trading involved Nir Debbi, Director, that happened on Nov 21 ’24 when 36000.0 shares were purchased. Director, Amir Schlachet completed a deal on Nov 21 ’24 to buy 24000.0 shares. Meanwhile, Officer OFER KOREN bought 25000.0 shares on Nov 20 ’24.
