Global Net Lease Inc (NYSE: GNL) on Friday, soared 1.40% from the previous trading day, before settling in for the closing price of $7.12. Within the past 52 weeks, GNL’s price has moved between $6.52 and $10.19.
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Real Estate Sector giant saw their annual sales surged by 13.78% over the last five years. The company achieved an average annual earnings per share of 54.39%. With a float of $199.71 million, this company’s outstanding shares have now reached $230.82 million.
The firm has a total of 77 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.09%, operating margin of 22.97%, and the pretax margin is -20.27%.
Global Net Lease Inc (GNL) Insider Activity
Observing investor behavior towards REIT – Diversified industry stocks is more important than anything else. The insider ownership of Global Net Lease Inc is 13.41%, while institutional ownership is 61.52%. The most recent insider transaction that took place on Nov 11 ’24, was worth 772,000. In this transaction 10% Owner of this company bought 100,000 shares at a rate of $7.72, taking the stock ownership to the 1,829,073 shares. Before that another transaction happened on Oct 02 ’24, when Company’s 10% Owner bought 100,000 for $8.40, making the entire transaction worth $840,000. This insider now owns 1,729,073 shares in total.
Global Net Lease Inc (GNL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 54.39% per share during the next fiscal year.
Global Net Lease Inc (NYSE: GNL) Trading Performance Indicators
Global Net Lease Inc (GNL) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.08. Likewise, its price to free cash flow for the trailing twelve months is 7.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.95, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.38 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 1.21 million was lower than the volume posted last year of 1.45 million. As of the previous 9 days, the stock’s Stochastic %D was 21.85%. Additionally, its Average True Range was 0.17.
During the past 100 days, Global Net Lease Inc’s (GNL) raw stochastic average was set at 7.82%, which indicates a significant decrease from 24.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.31% in the past 14 days, which was lower than the 23.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.75, while its 200-day Moving Average is $7.78. Now, the first resistance to watch is $7.29. This is followed by the second major resistance level at $7.35. The third major resistance level sits at $7.47. If the price goes on to break the first support level at $7.11, it is likely to go to the next support level at $6.99. Should the price break the second support level, the third support level stands at $6.93.
Global Net Lease Inc (NYSE: GNL) Key Stats
Market capitalization of the company is 1.69 billion based on 230,633K outstanding shares. Right now, sales total 515,070 K and income totals -211,910 K. The company made 196,560 K in profit during its latest quarter, and -65,640 K in sales during its previous quarter.
