In today’s recent session, 0.49 million shares of the Global E Online Ltd (NASDAQ:GLBE) have been traded, and its beta is 1.30. Most recently the company’s share price was $31.99, and it changed around $0.41 or 1.28% from the last close, which brings the market valuation of the company to $5.42B. GLBE at last check was trading at a discount to its 52-week high of $63.69, offering almost -99.09% off that amount. The share price’s 52-week low was $26.64, which indicates that the recent value has risen by an impressive 16.72% since then. We note from Global E Online Ltd’s average daily trading volume that its 10-day average is 2.95 million shares, with the 3-month average coming to 2.17 million.
Global E Online Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.12. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 0 recommended GLBE as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
Global E Online Ltd (NASDAQ:GLBE) trade information
Instantly GLBE has been showing a green trend so far today with a performance of 1.28% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 32.75 on recent trading dayincreased the stock’s daily price by 2.32%. The company’s shares are currently down -41.34% year-to-date, but still down -2.12% over the last five days. On the other hand, Global E Online Ltd (NASDAQ:GLBE) is -11.69% down in the 30-day period. We can see from the shorts that 4.68 million shares have been sold at a short interest cover period of 2.05 day(s).
The consensus price target as assigned by Wall Street analysts is $47, which translates to bulls needing to increase their stock price by 31.94% from its current value. Analyst projections state that GLBE is forecast to be at a low of $40 and a high of $66.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 71.26%.
GLBE Dividends
Global E Online Ltd’s next quarterly earnings report is expected to be released on 2025-May-13.
Global E Online Ltd (NASDAQ:GLBE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 30.29% of Global E Online Ltd shares, and 71.03% of them are in the hands of institutional investors. The stock currently has a share float of 101.89%. Global E Online Ltd stock is held by 450.0 institutions, with MORGAN STANLEY being the largest institutional investor. By 2024-06-30, it held 10.4737% of the shares, which is about 17.49 million shares worth $634.34 million.
DRAGONEER INVESTMENT GROUP, LLC, with 8.8237% or 14.73 million shares worth $534.4 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
SMALLCAP WORLD FUND INC and MORGAN STANLEY INSTITUTIONAL FUND INC-GROWTH PORTFOLIO were the top two Mutual Funds as of Mar 31, 2025 . The former held 6.33 shares worth $203.31 million, making up 3.73% of all outstanding shares. On the other hand, MORGAN STANLEY INSTITUTIONAL FUND INC-GROWTH PORTFOLIO held roughly 2.85 shares worth around $91.47 million, which represents about 1.68% of the total shares outstanding.
