Global-E Online Ltd.: The Winning Streak Continues (GLBE)

July 14, 2021 10:20:37

Global-E Online Ltd. (NASDAQ:GLBE) traded at a new 52-week high today of $68.00. So far today approximately 169,000 shares have been exchanged, as compared to an average 30-day volume of 910,000 shares.

Global E Online Ltd provides e-commerce solutions. It offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world. It localizes the shopper experience in an effort to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.

Global-E Online Ltd. (NASDAQ:GLBE) is currently priced 2.1% above its average consensus analyst price target of $65.70.

In the past 52 weeks, shares of Global-E Online Ltd. have traded between a low of $24.22 and a high of $68.00 and is now at $67.10, which is 177% above that low price.

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