Monthly Drifts in Global Engine Group Holding Ltd (GLE) Stock: A Closer Look

Nora Barnes

Global Engine Group Holding Ltd [GLE] stock prices are up 11.50% to $0.48 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GLE shares have gain 14.23% over the last week, with a monthly amount drifted -24.08%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Global Engine Group Holding Ltd [GLE] has been fluctuating between $0.37 and $4.38 over the past year. Global Engine Group Holding Ltd [NASDAQ: GLE] shares were valued at $0.48 at the most recent close of the market.

Analyzing the GLE fundamentals

The Global Engine Group Holding Ltd [NASDAQ:GLE] reported sales of 2.96M for trailing twelve months, representing a drop of -85.25% . Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

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 0.4261 points at the first support level, and at 0.3722 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5340, and for the 2nd resistance point, it is at 0.5880.

Ratios To Look Out For

It’s worth pointing out that Global Engine Group Holding Ltd [NASDAQ:GLE]’s Current Ratio is 3.44. In addition, the Quick Ratio stands at 3.44 and the Cash Ratio stands at 6.02. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 1.09.

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