Global E Online Ltd [NASDAQ: GLBE] loss -19.13% or -8.11 points to close at $34.28 with a heavy trading volume of 9164741 shares.
The daily chart for GLBE points out that the company has recorded -14.41% loss over the past six months.
If we look at the average trading volume of 2.11M shares, GLBE reached to a volume of 9164741 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Global E Online Ltd [GLBE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GLBE shares is $49.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GLBE stock is a recommendation set at 1.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Global E Online Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 26, 2025. The new note on the price target was released on October 18, 2024, representing the official price target for Global E Online Ltd stock. Previously, the target price had yet another raise from $33 to $37, while Morgan Stanley kept a Overweight rating on GLBE stock.
The Average True Range (ATR) for Global E Online Ltd is set at 2.41, with the Price to Sales ratio for GLBE stock in the period of the last 12 months amounting to 7.72. The Price to Book ratio for the last quarter was 6.57, with the Price to Cash per share for the same quarter was set at 2.63. Price to Free Cash Flow for GLBE in the course of the last twelve months was 34.77 with Quick ratio for the last quarter at 2.47.
Trading performance analysis for GLBE stock
Global E Online Ltd [GLBE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.12. With this latest performance, GLBE shares gained by 6.03% in over the last four-week period, additionally sinking by -14.41% over the last 6 months – not to mention a rise of 16.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GLBE stock in for the last two-week period is set at 43.66, with the RSI for the last a single of trading hit 40.34, and the three-weeks RSI is set at 44.19 for Global E Online Ltd [GLBE]. The present Moving Average for the last 50 days of trading for this stock 35.91, while it was recorded at 38.70 for the last single week of trading, and 42.49 for the last 200 days.
Global E Online Ltd [GLBE]: A deeper dive into fundamental analysis
Global E Online Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.47 and a Current Ratio set at 2.47.
An analysis of Institutional ownership at Global E Online Ltd [GLBE]
There are presently around $70.86%, or 101.74%% of GLBE stock, in the hands of institutional investors. The top three institutional holders of GLBE stocks are: MORGAN STANLEY with ownership of 17.49 million shares, which is approximately 10.4737%. DRAGONEER INVESTMENT GROUP, LLC, holding 14.73 million shares of the stock with an approximate value of $$534.4 million in GLBE stocks shares; and DRAGONEER INVESTMENT GROUP, LLC, currently with $$245.78 million in GLBE stock with ownership which is approximately 4.0582%.
