The public float for GLE is 5.69M and currently, short sellers hold a 0.63% of that float. On May 23, 2025, GLE’s average trading volume was 44.02K shares.
GLE) stock’s latest price update
The stock of Global Engine Group Holding Ltd (NASDAQ: GLE) has increased by 7.58 when compared to last closing price of 1.98.Despite this, the company has seen a gain of 15.72% in its stock price over the last five trading days. globenewswire.com reported 2025-03-31 that HONG KONG, March 31, 2025 (GLOBE NEWSWIRE) — Global Engine Group Holding Limited (Nasdaq: GLE) (the “Company” or “GLE”), a Hong Kong-headquartered integrated solutions provider in information communication technologies, today announced the results of the Company’s Extraordinary General of Shareholders (the “EGM”) held on 10:00 am, Hong Kong time, March 27, 2025 (10:00 pm U.S. Eastern Time, March 26, 2025) at its executive office at Room C, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, Hong Kong, and virtually by teleconference.
GLE’s Market Performance
GLE’s stock has risen by 15.72% in the past week, with a monthly rise of 17.62% and a quarterly rise of 61.36%. The volatility ratio for the week is 3.95% while the volatility levels for the last 30 days are 4.19% for Global Engine Group Holding Ltd The simple moving average for the past 20 days is 12.95% for GLE’s stock, with a -16.17% simple moving average for the past 200 days.
GLE Trading at 15.26% from the 50-Day Moving Average
After a stumble in the market that brought GLE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.85% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 3.95%, as shares surge +17.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.31% upper at present.
During the last 5 trading sessions, GLE rose by +15.72%, in comparison to the 20-day moving average, which settled at $1.8900. In addition, Global Engine Group Holding Ltd saw 23.12% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GLE
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.15 for the gross margin
The net margin for Global Engine Group Holding Ltd stands at 0.05. The total capital return value is set at -0.2.
Currently, EBITDA for the company is 3.58 million with net debt to EBITDA at -2.35. When we switch over and look at the enterprise to sales, we see a ratio of 6.0. The receivables turnover for the company is 2.89for trailing twelve months and the total asset turnover is 11.94.
Conclusion
To wrap up, the performance of Global Engine Group Holding Ltd (GLE) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
