Global Engine Group Holding Ltd [GLE] Stock trading around $0.86 per share: What’s Next?

Brandon Evans

Global Engine Group Holding Ltd [NASDAQ: GLE] stock went on an upward path that rose over 32.36% on Thursday, amounting to a one-week price increase of more than 33.49%.

Over the last 12 months, GLE stock dropped by -50.08%.

The market cap for the stock reached $15.81 million, with 13.66 million shares outstanding and 4.25 million shares in the current float. Compared to the average trading volume of 3.10M shares, GLE stock reached a trading volume of 68697023 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Global Engine Group Holding Ltd [GLE]:

The Price to Book ratio for the last quarter was 1.96, with the Price to Cash per share for the same quarter was set at 0.18.

GLE Stock Performance Analysis:

Global Engine Group Holding Ltd [GLE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.49. With this latest performance, GLE shares gained by 18.84% in over the last four-week period, additionally sinking by -53.73% over the last 6 months – not to mention a drop of -50.08% 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 GLE stock in for the last two-week period is set at 65.23, with the RSI for the last a single of trading hit 0.0904, and the three-weeks RSI is set at 0.1072 for Global Engine Group Holding Ltd [GLE]. The present Moving Average for the last 50 days of trading for this stock 0.7507, while it was recorded at 0.6926 for the last single week of trading, and 1.5132 for the last 200 days.

Insight into Global Engine Group Holding Ltd Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Global Engine Group Holding Ltd [GLE] shares currently have an operating margin of -30.78% and a Gross Margin at 10.66%. Global Engine Group Holding Ltd’s Net Margin is presently recorded at -25.28%.

Global Engine Group Holding Ltd (GLE) Capital Structure & Debt Analysis

According to recent financial data for Global Engine Group Holding Ltd. ( GLE), the Return on Equity (ROE) stands at -15.17%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -10.84%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Global Engine Group Holding Ltd’s Return on Invested Capital (ROIC) is -9.29%, showcasing its effectiveness in deploying capital for earnings.

Global Engine Group Holding Ltd (GLE) Efficiency & Liquidity Metrics

Based on Global Engine Group Holding Ltd’s (GLE) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.

Global Engine Group Holding Ltd (GLE) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Global Engine Group Holding Ltd. (GLE) effectively leverages its workforce, generating an average of -$150000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 3.44% and a Quick Ratio of 3.44%, indicating strong ability to cover short-term liabilities.

Global Engine Group Holding Ltd [GLE] Institutonal Ownership Details

There are presently around $0.51%, or 0.88%% of GLE stock, in the hands of institutional investors.

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