Global E Online Ltd’s recently made public that its Director Amir Schlachet acquired Company’s shares for reported $2.56 million on Apr 10 ’25. In the deal valued at $34.20 per share,75,000 shares were bought.
Then, Shahar Tamari bought 37,500 shares, generating $1,117,500 in total proceeds.
Before that, Nir Debbi bought 46,871 shares. Global E Online Ltd shares valued at $1,756,725 were divested by the Director at a price of $37.48 per share.
Morgan Stanley upgraded its Global E Online Ltd [GLBE] rating to an Overweight from a an Equal-weight in a research note published on March 26, 2025; the price target was decreased to $46 from $55. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid October from “an Overweight” to “an Equal-weight”. Morgan Stanley also remained covering GLBE and has increased its forecast on May 21, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wells Fargo started covering the stock on January 17, 2024. It rated GLBE as “an Overweight”.
Price Performance Review of GLBE
On Tuesday, Global E Online Ltd [NASDAQ:GLBE] saw its stock jump 0.11% to $35.80. Over the last five days, the stock has gained 8.68%. Global E Online Ltd shares have fallen nearly -34.35% since the year began. Nevertheless, the stocks have risen 9.11% over the past one year. While a 52-week high of $63.69 was reached on 02/18/25, a 52-week low of $26.64 was recorded on 04/07/25. SMA at 50 days reached $37.71, while 200 days put it at $42.38.
Levels Of Support And Resistance For GLBE Stock
The 24-hour chart illustrates a support level at 35.47, which if violated will result in even more drops to 35.14. On the upside, there is a resistance level at 36.11. A further resistance level may holdings at 36.42. The Relative Strength Index (RSI) on the 14-day chart is 51.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.01%. Stochastics %K at 85.65% indicates the stock is a selling.
How much short interest is there in Global E Online Ltd?
A steep rise in short interest was recorded in Global E Online Ltd stocks on 2025-04-15, growing by 0.58 million shares to a total of 4.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.28 million shares. There was a rise of 12.0%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 22, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
