Coverage Initiated by Needham & Company LLC – 4 stars for Global-e Online (NASDAQ:GLBE)

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Stock analysts at Needham & Company LLC – 4 stars initiated coverage on shares of  Global-e Online (NASDAQ:GLBE) in a report issued on Friday. The brokerage set a Buy rating on the Retail/Wholesale stock. A price-to-earnings ratio of #N/A and a beta of #N/A. Global-e Online has a twelve month low $24.22 of  and a twelve month high of $83.77.

Shares of Global-e Online traded down -$2.11 on Friday, reaching $64.27. 3075134 shares of the stock traded hands, compared to its average volume of 1774673. Shares of Global-e Online were trading at $64.27 on Friday. The firm’s 50 day moving average is $68.97 and its 200 day moving average is N/A.Global-e Online  has a 12 month low of $59.42 and a 12 month high of $83.77. While on yearly highs and lows, Global-e Online’s today has traded high as $67.22 and has touched $59.42 on the downward trend. See More Analyst Rating at: RATING

Global-e Online Earnings and What to expect: 

Global-e Online last posted its earnings data on August 16th, 2021. The reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.08. The firm earned $57.29 million during the quarter, compared to analysts’ expectations of $47.62 million. Global-e Online has generated $0.00 earnings per share over the last year. Earnings for Global-e Online are expected to grow by 1,600.00% in the coming year, from $0.01 to $0.17 per share.

Earnings for Global-e Online are expected to grow by 1,600.00% in the coming year, from $0.01 to $0.17 per share.

Global-e Online (NASDAQ:GLBE) Moving Average Technical Analysis

5 day Moving Average is 63.38 And 5 day price change is 7.19 (12.60%)  with average volume for 5 day average is 1,843,980. While technical analysis for average 20 days shows significant difference, 20 day moving average is  64.19 and 20 day price change is -10.37 (-13.89%) and average 20 day moving volume is 1,664,185. 50 day moving average is 68.97  and 50 day price change is -3.68 ( -5.42%)  and with average volume for 50 days is : 1,609,330. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Global-e Online :

  • On 10/21/2021 shares held by Park Avenue Securities LLC were 6,180 which equates to market value of $0.44M and appx 0.00% owners of Global-e Online
  • On 10/18/2021 shares held by Atticus Wealth Management LLC were 813 which equates to market value of $58K and appx 0.00% owners of Global-e Online
  • On 9/29/2021 shares held by Spruce House Investment Management LLC were 2,047,005 which equates to market value of $116.84M and appx 2.80% owners of Global-e Online
  • In total Institutional ownership equates to Institutional Ownership Percentage: 28.86% for Global-e Online

See More Analyst Rating at: RATING