What You Need To Know About Global Net Lease Inc. (GNL)

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Global Net Lease Inc. (NYSE:GNL) finished Friday with a subtraction of -$0.1 to close at $12.57, a downside of -0.79 percent. An average of 579,900 shares of common stock have been traded in the last five days. There was a fall of -$0.24 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 710,040 shares traded, while the 50-day average volume stands at 664,956.

GNL stock has decreased by -7.10% in the last month. The company shares reached their 1-month lowest point of $12.43 on 12/30/22. With the stock rallying to its 52-week high on 04/05/22, shares of the company touched a low of $9.82 and a high of $16.01 in 52 weeks. It has reached a new high 5 times so far this year and lost -17.74% or -$2.71 in price. In spite of this, the price is down -21.49% from the 52-week high.


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Valuation Metrics

Global Net Lease Inc. (GNL) has a trailing price-to-earnings (P/E) ratio of 2095.00. The stock’s beta is 1.15. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.31, the price-to-book (PB) ratio at 0.89, and the price-to-cash flow ratio at 208.80.

Financial Health

Further, the company has a long term debt to equity ratio of 1.60 and a total debt to equity ratio of 1.60 for the quarter ending June 29. Its gross profit as reported stood at $111.91 million compared to revenue of $391.23 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Global Net Lease Inc.’s return on assets was 0.00%.

Earnings Surprise

For the three-month period that ended June 29, Global Net Lease Inc. had $1.26 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $9.74 million in the quarter, while revenues of -$5.85 million were grew 75.67%. The analyst consensus anticipated Global Net Lease Inc.’s latest quarter earnings to come in at $0.01 per share, but it turned out to be -$0.06, a -700.00% surprise. For the quarter, EBITDA amounted to $70.63 million. At the end of the quarter ending June 29, Global Net Lease Inc.’s stock balance sheet showed total debt was $2.38 billion. Shareholders own equity worth $103.8 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Global Net Lease Inc. (GNL) price momentum. RSI 9-day as of the close on 30 December was 30.39%, suggesting the stock is Neutral, with historical volatility in this time frame at 14.30%.

As of today, GNL’s price is $12.71 -1.87% or -$0.24 from its 5-day moving average. GNL is currently trading -7.23% lower than its 20-day SMA and -14.84% lower than its 100-day SMA. However, the stock’s current price level is +16.28% above the SMA50 and -14.72% below the SMA200.

The stochastic %K and %D were 7.17% and 10.27%, respectively, and the average true range (ATR) was 0.29. With the 14-day stochastic at 8.53% and the average true range at 0.30, the RSI (14) stands at 38.10%. The stock has reached -0.20 on the 9-day MACD Oscillator while the 14-day reading was at -0.45.

Analyst Ratings

JMP Securities launched coverage on Global Net Lease Inc. (NYSE: GNL) in its analyst report released on May 10, 2022. The firm assigned the stock a Mkt perform rating.

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