Global E Online Ltd (NASDAQ: GLBE) has experienced a rise in its stock price by 2.84 compared to its previous closing price of 58.03. However, the company has seen a gain of 4.41% in its stock price over the last five trading days. zacks.com reported 2025-01-20 that Does Global-e Online Ltd. (GLBE) have what it takes to be a top stock pick for momentum investors?
Is It Worth Investing in Global E Online Ltd (NASDAQ: GLBE) Right Now?
Company’s 36-month beta value is 1.22.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for GLBE is 95.89M, and currently, short sellers hold a 5.02% ratio of that floaft. The average trading volume of GLBE on January 28, 2025 was 1.26M shares.
GLBE’s Market Performance
GLBE’s stock has seen a 4.41% increase for the week, with a 8.21% rise in the past month and a 55.82% gain in the past quarter. The volatility ratio for the week is 3.62%, and the volatility levels for the past 30 days are at 3.00% for Global E Online Ltd The simple moving average for the past 20 days is 7.91% for GLBE’s stock, with a 52.21% simple moving average for the past 200 days.
Analysts’ Opinion of GLBE
Many brokerage firms have already submitted their reports for GLBE stocks, with Morgan Stanley repeating the rating for GLBE by listing it as a “Equal-Weight.” The predicted price for GLBE in the upcoming period, according to Morgan Stanley is $40 based on the research report published on October 18, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see GLBE reach a price target of $37, previously predicting the price at $33. The rating they have provided for GLBE stocks is “Overweight” according to the report published on May 21st, 2024.
Wells Fargo gave a rating of “Overweight” to GLBE, setting the target price at $50 in the report published on January 17th of the previous year.
GLBE Trading at 12.54% from the 50-Day Moving Average
After a stumble in the market that brought GLBE to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.32% of gains for the given period.
Volatility was left at 3.00%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares surge +6.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.91% upper at present.
During the last 5 trading sessions, GLBE rose by +3.36%, which changed the moving average for the period of 200-days by +67.79% in comparison to the 20-day moving average, which settled at $55.27. In addition, Global E Online Ltd saw 9.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GLBE starting from Shahar Tamari, who proposed sale 342,000 shares at the price of $54.12 back on Jan 06 ’25. After this action, Shahar Tamari now owns shares of Global E Online Ltd, valued at $18,509,040 using the latest closing price.
Amir Schlachet, the Director of Global E Online Ltd, proposed sale 101,000 shares at $54.98 during a trade that took place back on Jan 03 ’25, which means that Amir Schlachet is holding shares at $5,552,980 based on the most recent closing price.
Stock Fundamentals for GLBE
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.44 for the gross margin
The net margin for Global E Online Ltd stands at -0.15. The total capital return value is set at -0.11. Equity return is now at value -11.16, with -8.68 for asset returns.
Based on Global E Online Ltd (GLBE), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 5.09. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -17.83.
Currently, EBITDA for the company is 47.77 million with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 14.55. The receivables turnover for the company is 3.8for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
In a nutshell, Global E Online Ltd (GLBE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
