Global X E-commerce ETF ( EBIZ) Stock. Should you Buy or Sell? $ 18.11
0.54 (2.90 %)
Global X E-commerce ETF AnalysisUpdated on 10-09-2022
|Volume Avg.||$19.7 thousand|
|Market Cap||$4.62 B|
|52 Week Range||$15.88 - $32.78|
Global X E-commerce ETF opened the day at $18.11 which is +'2.90 % on yesterday's close. Global X E-commerce ETF has a 52 week high of $32.78 and 52 week low of $15.88, which is a difference of $16.9. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $4.62 B and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy Global X E-commerce ETF for $4.62 B, it would take 15 years to get your money back. Global X E-commerce ETF are in the space which will have a sweet spot and industry standard for net profit multiples.
Global X E-commerce ETF Stock Forecast - Is Global X E-commerce ETF a Buy or Sell?
Growth and Value
|Net Profit Margin||0.000|
Valuing Global X E-commerce ETF
|Price Book Value Ratio||0.000||Price To Book Ratio||0.000|
|Price To Sales Ratio||0.000||Price Earnings Ratio||0.000|
How liquid is Global X E-commerce ETF
|Debt Ratio||0.000||Debt Equity Ratio||0.000|
|Long Term Debt To Capitalization||0.000||Total Debt To Capitalization||0.000|
Latest news about Global X E-commerce ETF
From online retail giants to traditional stores with robust digital sales, these are the best e-commerce stocks to invest in now. The post 7 E-Commerce Stocks to Buy as Shopify Suffers appeared first on InvestorPlace.
While the move towards global vaccination was underway in 2021, that didn't slow down e-commerce sales, according to e-commerce market researcher Digital Commerce 360. “According to the market researcher's estimates, online consumer spending with U.S. merchants grew 14% in 2021, reaching $871 billion,” a Nutritional Outlook report notes.
Traditional social media platforms are in the late majority phase of adoption as a very high percentage of internet users are already active on social platforms. The pandemic tightened marketing budgets, causing ad spending to decline.
Online shopping continues to gain favor with shoppers to minimize human-to-human contact as coronavirus cases relentlessly rise in the United States.
U.S. retail sales jumped this holiday season, fueled by surging e-commerce sales. As online retail becomes a larger part of American consumers' lives, investors can turn to targeted exchange traded funds that focus on the growing e-commerce segment.
About Global X E-commerce ETF
The fund invests at least 80% of its total assets in the securities of the underlying index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. The fund is non-diversified.