On Friday, Global Net Lease Inc (NYSE: GNL) opened higher 0.24% from the last session, before settling in for the closing price of $8.39. Price fluctuations for GNL have ranged from $6.52 to $10.19 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 13.78% over the last five years. Company’s average yearly earnings per share was noted 157.89% at the time writing. With a float of $199.83 million, this company’s outstanding shares have now reached $230.89 million.
The firm has a total of 77 workers. Let’s measure their productivity. In terms of profitability, gross margin is 44.07%, operating margin of 9.97%, and the pretax margin is -31.84%.
Global Net Lease Inc (GNL) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the REIT – Diversified industry is another important factor to consider. The insider ownership of Global Net Lease Inc is 13.29%, while institutional ownership is 63.30%. The most recent insider transaction that took place on Oct 02 ’24, was worth 840,000. In this transaction 10% Owner of this company bought 100,000 shares at a rate of $8.40, taking the stock ownership to the 1,729,073 shares. Before that another transaction happened on Jun 27 ’24, when Company’s 10% Owner sold 200,000 for $7.15, making the entire transaction worth $1,430,000. This insider now owns 1,629,073 shares in total.
Global Net Lease Inc (GNL) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.02) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 157.89% per share during the next fiscal year.
Global Net Lease Inc (NYSE: GNL) Trading Performance Indicators
Check out the current performance indicators for Global Net Lease Inc (GNL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64. Likewise, its price to free cash flow for the trailing twelve months is 11.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.73 and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of Global Net Lease Inc (GNL)
Analysing the last 5-days average volume posted by the [Global Net Lease Inc, GNL], we can find that recorded value of 1.64 million was better than the volume posted last year of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 58.19%. Additionally, its Average True Range was 0.21.
During the past 100 days, Global Net Lease Inc’s (GNL) raw stochastic average was set at 67.14%, which indicates a significant increase from 49.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.59% in the past 14 days, which was lower than the 26.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.51, while its 200-day Moving Average is $7.96. Now, the first resistance to watch is $8.46. This is followed by the second major resistance level at $8.51. The third major resistance level sits at $8.58. If the price goes on to break the first support level at $8.34, it is likely to go to the next support level at $8.27. Now, if the price goes above the second support level, the third support stands at $8.22.
Global Net Lease Inc (NYSE: GNL) Key Stats
There are currently 230,384K shares outstanding in the company with a market cap of 1.94 billion. Presently, the company’s annual sales total 515,070 K according to its annual income of -211,910 K. Last quarter, the company’s sales amounted to 203,290 K and its income totaled -35,660 K.
