Global Engine Group Holding Ltd [NASDAQ: GLE] plunged by -$0.01 during the normal trading session on Tuesday and reaching a high of $1.05 during the day while it closed the day at $0.71.
The market cap for GLE stock reached $16.29 million, with 13.66 million shares outstanding and 5.69 million shares in the current float. Compared to the average trading volume of 355.63K shares, GLE reached a trading volume of 10668876 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Global Engine Group Holding Ltd [GLE]:
The Price to Book ratio for the last quarter was 1.49, with the Price to Cash per share for the same quarter was set at 0.15.
GLE stock trade performance evaluation
Global Engine Group Holding Ltd [GLE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.50. With this latest performance, GLE shares dropped by -79.72% in over the last four-week period, additionally sinking by -41.33% over the last 6 months – not to mention a drop of -58.97% 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 32.91, with the RSI for the last a single of trading hit 0.2598, and the three-weeks RSI is set at 0.3219 for Global Engine Group Holding Ltd [GLE]. The present Moving Average for the last 50 days of trading for this stock 1.7178, while it was recorded at 0.6799 for the last single week of trading, and 2.0821 for the last 200 days.
Global Engine Group Holding Ltd [GLE]: An insightful look at the core 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 1.38% and a Gross Margin at 11.92%. Global Engine Group Holding Ltd’s Net Margin is presently recorded at 1.40%.
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 1.60%, suggesting modest shareholder returns. The Return on Assets (ROA) is 1.21%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Global Engine Group Holding Ltd’s Return on Invested Capital (ROIC) is 0.94%, 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 $20000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 10.01% and a Quick Ratio of 10.01%, indicating strong ability to cover short-term liabilities.
Global Engine Group Holding Ltd [GLE]: Institutional Ownership
There are presently around $0.48%, or 5.18%% of GLE stock, in the hands of institutional investors.
