Global E Online Ltd (NASDAQ:GLBE) price on current trading day, rose 21.04% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $36.07.
A look at the stock’s price movement, the close in the last trading session was $29.80, moving within a range at $29.26 and $37.1. The beta value (5-Year monthly) was 1.364. Turning to its 52-week performance, $63.69 and $26.64 were the 52-week high and 52-week low respectively. Overall, GLBE moved -1.80% over the past month.
Global E Online Ltd’s market cap currently stands at around $6.11 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-18.
Analysts have a consensus estimate of 187.62M for the company’s revenue for the quarter, with a low and high estimate of 181.81M and 191.48M respectively. The average forecast suggests up to a 28.62% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 941.79M, representing a 25.11% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GLBE is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 10 recommend GLBE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GLBE’s current price about 1.46% and -19.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.93, while 7-day volatility ratio is 15.80% and 7.60% in the 30-day chart. Further, Global E Online Ltd (GLBE) has a beta value of 1.39, and an average true range (ATR) of 3.02. Analysts have given the company’s stock an average 52-week price target of $51, forecast between a low of $46 and high of $66. Looking at the price targets, the low is -27.53% off current price level while to achieve the yearly target high, price needs to move -82.98%. Nonetheless, investors will most likely welcome a -41.39% jump to $51 which is the analysts’ median price.
If we refocus on Global E Online Ltd (NASDAQ:GLBE), historical trading data shows that trading volumes averaged 2.72 over the past 10 days and 1.94 million over the past 3 months. The company’s latest data on shares outstanding shows there are 169.13 million shares.
The 38.44% of Global E Online Ltd’s shares are in the hands of company insiders while institutional holders own 57.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.28 million on 2025-03-14, giving us a short ratio of 1.67. The data shows that as of 2025-03-14 short interest in Global E Online Ltd (GLBE) stood at 434.0 of shares outstanding, with shares short rising to 4.28 million registered in 2025-02-14. Current price change has pushed the stock -33.85% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GLBE stock continues to rise going into the next quarter.
