On Friday, Global Net Lease Inc (NYSE: GNL) opened lower -3.65% from the last session, before settling in for the closing price of $7.39. Price fluctuations for GNL have ranged from $6.52 to $10.06 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 15.08%. Company’s average yearly earnings per share was noted 54.09% at the time writing. With a float of $199.63 million, this company’s outstanding shares have now reached $230.82 million.
Considering the fact that the conglomerate employs 77 people, you should pay attention to its efficiency factor. 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
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 13.44%, while institutional ownership is 61.76%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.09% 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 2.02. Likewise, its price to free cash flow for the trailing twelve months is 7.06.
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 -0.41 in one year’s time.
Technical Analysis of Global Net Lease Inc (GNL)
Compared to the last year’s volume of 1.84 million, its volume of 1.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.20%. Additionally, its Average True Range was 0.19.
During the past 100 days, Global Net Lease Inc’s (GNL) raw stochastic average was set at 5.70%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.69% in the past 14 days, which was higher than the 22.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.39, while its 200-day Moving Average is $7.76. Nevertheless, the first resistance level for the watch stands at $7.27 in the near term. At $7.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.53. If the price goes on to break the first support level at $7.01, it is likely to go to the next support level at $6.91. Should the price break the second support level, the third support level stands at $6.75.
Global Net Lease Inc (NYSE: GNL) Key Stats
There are currently 230,633K shares outstanding in the company with a market cap of 1.64 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 196,560 K and its income totaled -65,640 K.
