On Tuesday, Global Net Lease Inc (NYSE: GNL) opened lower -0.75% from the last session, before settling in for the closing price of $7.98. Price fluctuations for GNL have ranged from $6.52 to $10.19 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 13.78% over the past 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.
Let’s look at the performance matrix of the company that is accounted for 77 employees. 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) Insider Updates
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 63.26%. 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) Performance Highlights and Predictions
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 2.49. Likewise, its price to free cash flow for the trailing twelve months is 10.73.
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)
Global Net Lease Inc (NYSE: GNL) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.49 million. As of the previous 9 days, the stock’s Stochastic %D was 3.85%. Additionally, its Average True Range was 0.18.
During the past 100 days, Global Net Lease Inc’s (GNL) raw stochastic average was set at 43.97%, which indicates a significant increase from 6.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.04% in the past 14 days, which was lower than the 25.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.49, while its 200-day Moving Average is $7.90. Nevertheless, the first resistance level for the watch stands at $7.97 in the near term. At $8.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.07. If the price goes on to break the first support level at $7.87, it is likely to go to the next support level at $7.82. Assuming the price breaks the second support level, the third support level stands at $7.77.
Global Net Lease Inc (NYSE: GNL) Key Stats
There are currently 230,470K shares outstanding in the company with a market cap of 1.83 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.
