GNL has 36-month beta value of 1.35. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for GNL is 199.83M, and currently, short sellers hold a 3.12% ratio of that float. The average trading volume of GNL on October 31, 2024 was 1.36M shares.
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GNL) stock’s latest price update
Global Net Lease Inc (NYSE: GNL)’s stock price has plunge by 1.14relation to previous closing price of 7.92. Nevertheless, the company has seen a -1.23% plunge in its stock price over the last five trading sessions. 247wallst.com reported 2024-10-30 that Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
GNL’s Market Performance
Global Net Lease Inc (GNL) has experienced a -1.23% fall in stock performance for the past week, with a -4.53% drop in the past month, and a -6.53% drop in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 2.17% for GNL. The simple moving average for the last 20 days is -3.11% for GNL stock, with a simple moving average of 1.40% for the last 200 days.
Analysts’ Opinion of GNL
Many brokerage firms have already submitted their reports for GNL stocks, with Truist repeating the rating for GNL by listing it as a “Hold.” The predicted price for GNL in the upcoming period, according to Truist is $7 based on the research report published on March 28, 2024 of the current year 2024.
BMO Capital Markets gave a rating of “Outperform” to GNL, setting the target price at $11 in the report published on February 13th of the current year.
GNL Trading at -5.64% 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 -21.35% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.67% lower at present.
During the last 5 trading sessions, GNL fell by -1.23%, which changed the moving average for the period of 200-days by -11.39% in comparison to the 20-day moving average, which settled at $8.27. In addition, Global Net Lease Inc saw -19.50% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GNL starting from SCHORSCH NICHOLAS S, who purchase 100,000 shares at the price of $8.40 back on Oct 02 ’24. After this action, SCHORSCH NICHOLAS S now owns 1,729,073 shares of Global Net Lease Inc, valued at $840,000 using the latest closing price.
SCHORSCH NICHOLAS S, the 10% Owner of Global Net Lease Inc, sale 200,000 shares at $7.15 during a trade that took place back on Jun 27 ’24, which means that SCHORSCH NICHOLAS S is holding 1,629,073 shares at $1,430,000 based on the most recent closing price.
Stock Fundamentals for GNL
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.44 for the gross margin
The net margin for Global Net Lease Inc stands at -0.34. The total capital return value is set at 0.01. Equity return is now at value -13.20, with -4.27 for asset returns.
Based on Global Net Lease Inc (GNL), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 2.02. The interest coverage ratio of the stock is 0.39.
Currently, EBITDA for the company is 308.74 million with net debt to EBITDA at 15.57. When we switch over and look at the enterprise to sales, we see a ratio of 9.14. The receivables turnover for the company is 7.94for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To put it simply, Global Net Lease Inc (GNL) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
