The stock price of Global Net Lease Inc. (NYSE: GNL) has plunged by -1.75 when compared to previous closing price of 11.42, but the company has seen a -0.44% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2023-09-10 that REITs can be very rewarding investments. But they can also lead to large losses if you pick the wrong ones. I highlight 5 mistakes to avoid at all costs.
Is It Worth Investing in Global Net Lease Inc. (NYSE: GNL) Right Now?
and a 36-month beta value of 1.22. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 1 as “sell.”
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The average price predicted for Global Net Lease Inc. (GNL) by analysts is $14.25, which is $3.03 above the current market price. The public float for GNL is 225.53M, and at present, short sellers hold a 2.87% of that float. On September 18, 2023, the average trading volume of GNL was 1.78M shares.
GNL’s Market Performance
GNL stock saw an increase of -0.44% in the past week, with a monthly gain of 5.25% and a quarterly increase of 2.94%. The volatility ratio for the week is 3.58%, and the volatility levels for the last 30 days are 3.28% for Global Net Lease Inc. (GNL). The simple moving average for the last 20 days is 2.24% for GNL stock, with a simple moving average of -6.67% for the last 200 days.
Analysts’ Opinion of GNL
Many brokerage firms have already submitted their reports for GNL stocks, with Exane BNP Paribas repeating the rating for GNL by listing it as a “Underperform.” The predicted price for GNL in the upcoming period, according to Exane BNP Paribas is $13 based on the research report published on March 16, 2023 of the current year 2023.
GNL Trading at 2.66% from the 50-Day Moving Average
After a stumble in the market that brought GNL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.57% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares surge +6.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.45% upper at present.
During the last 5 trading sessions, GNL fell by -0.44%, which changed the moving average for the period of 200-days by -14.81% in comparison to the 20-day moving average, which settled at $11.01. In addition, Global Net Lease Inc. saw -10.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GNL
Current profitability levels for the company are sitting at:
- +32.73 for the present operating margin
- +40.41 for the gross margin
The net margin for Global Net Lease Inc. stands at +2.92. The total capital return value is set at 3.10, while invested capital returns managed to touch 0.29. Equity return is now at value -3.30, with -1.20 for asset returns.
Based on Global Net Lease Inc. (GNL), the company’s capital structure generated 169.74 points at debt to equity in total, while total debt to capital is 62.93. Total debt to assets is 61.65, with long-term debt to equity ratio resting at 152.42. Finally, the long-term debt to capital ratio is 56.50.
When we switch over and look at the enterprise to sales, we see a ratio of 9.32, with the company’s debt to enterprise value settled at 0.67. The receivables turnover for the company is 1,636.02 and the total asset turnover is 0.09.
Conclusion
To sum up, Global Net Lease Inc. (GNL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
