On Tuesday, Global Net Lease Inc (NYSE: GNL) opened lower -0.75% from the last session, before settling in for the closing price of $8.04. Price fluctuations for GNL have ranged from $6.52 to $9.10 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 23.24% annually for the last half of the decade. Company’s average yearly earnings per share was noted 55.26% at the time writing. With a float of $199.04 million, this company’s outstanding shares have now reached $231.05 million.
In an organization with 73 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 59.83%, operating margin of 24.87%, and the pretax margin is -15.79%.
Global Net Lease Inc (GNL) Insider and Institutional Ownership
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 13.75%, while institutional ownership is 64.88%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 55.26% 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 2.29. Likewise, its price to free cash flow for the trailing twelve months is 7.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of Global Net Lease Inc (GNL)
Let’s dig in a bit further. During the last 5-days, its volume was 1.19 million. That was inferior than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.11%. Additionally, its Average True Range was 0.20.
During the past 100 days, Global Net Lease Inc’s (GNL) raw stochastic average was set at 78.27%, which indicates a significant increase from 39.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.47% in the past 14 days, which was lower than the 25.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.58, while its 200-day Moving Average is $7.83. However, in the short run, Global Net Lease Inc’s stock first resistance to watch stands at $8.05. Second resistance stands at $8.13. The third major resistance level sits at $8.18. If the price goes on to break the first support level at $7.92, it is likely to go to the next support level at $7.87. The third support level lies at $7.79 if the price breaches the second support level.
Global Net Lease Inc (NYSE: GNL) Key Stats
There are currently 230,783K shares outstanding in the company with a market cap of 1.84 billion. Presently, the company’s annual sales total 805,010 K according to its annual income of -131,570 K. Last quarter, the company’s sales amounted to 199,120 K and its income totaled -6,520 K.
