Global E Online Ltd (NASDAQ:GLBE) shares, rose in value on Thursday, March 27, with the stock price down by -1.40% to the previous day’s close as strong demand from buyers drove the stock to $36.72.
Actively observing the price movement in the last trading, the stock closed the session at $37.24, falling within a range of $36.08 and $37.42. The value of beta (5-year monthly) was 1.298. Referring to stock’s 52-week performance, its high was $63.69, and the low was $28.11. On the whole, GLBE has fluctuated by -16.11% over the past month.
With the market capitalization of Global E Online Ltd currently standing at about $6.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 942.77M, with a low estimate of 181.81M and a high estimate of 191.48M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 187.62M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GLBE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of GLBE currently trading nearly -3.83% and -24.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.95, while the 7-day volatility ratio is showing 5.09% which for the 30-day chart, stands at 5.07%. Furthermore, Global E Online Ltd (GLBE)’s beta value is 1.34, and its average true range (ATR) is 2.08.
A comparison of Global E Online Ltd (GLBE) with its peers suggests the former has fared considerably weaker in the market. GLBE showed an intraday change of -1.40% in last session, and over the past year, it grew by 1.05%%.
Data on historical trading for Global E Online Ltd (NASDAQ:GLBE) indicates that the trading volumes over the past 10 days have averaged 1.56 and over the past 3 months, they’ve averaged 1.69 million. According to company’s latest data on outstanding shares, there are 166.99 million shares outstanding.
Nearly 38.44% of Global E Online Ltd’s shares belong to company insiders and institutional investors own 58.30% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.28 million shares as on 2025-03-14, resulting in a short ratio of 1.67. According to the data, the short interest in Global E Online Ltd (GLBE) stood at 444.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.28 million. The stock has fallen by -32.66% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GLBE stock heading into the next quarter.
