A share price of Global E Online Ltd [GLBE] is currently trading at $56.46, up 1.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The GLBE shares have gain 4.15% over the last week, with a monthly amount glided 33.63%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $28.11 and $55.94. Currently, Wall Street analysts expect the stock to reach $47.33 within the next 12 months. Global E Online Ltd [NASDAQ: GLBE] shares were valued at $56.46 at the most recent close of the market. An investor can expect a potential drop of -16.17% based on the average GLBE price forecast.
Analyzing the GLBE fundamentals
Trailing Twelve Months sales for Global E Online Ltd [NASDAQ:GLBE] were 675.25M which represents 31.71% growth. 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 55.58 points at the first support level, and at 54.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.98, and for the 2nd resistance point, it is at 57.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Global E Online Ltd [NASDAQ:GLBE] is 2.18. On the other hand, the Quick Ratio is 2.18, and the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 14.18, the price to book ratio is 10.84.
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.
