How to buy GLG Corp (GLE) shares

Learn how to easily invest in GLG Corp shares.

GLG Corp Ltd
AU: GLE - AUD
APPAREL MANUFACTURING
A$0.27
0.00%

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GLG Corp Ltd is an apparel manufacturing business based in Australia. GLG Corp shares (GLE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. GLG Corp has a trailing 12-month revenue of around $183.8 million. If you're looking to buy shares, check out the steps below.

How to buy shares in GLG Corp

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for GLG Corp . Find the share by name or ticker symbol: GLE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until GLG Corp reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of GLG Corp . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

GLG Corp stock price (ASX:GLE)

Use our graph to track the performance of GLE stocks over time.

GLG Corp shares at a glance

Information last updated 2021-09-24.
52-week range$0.1104 - $0.5426
50-day moving average $0.308
200-day moving average $0.3112
Target priceN/A
PE ratio 6.3095
Dividend yield $0.02 (7.55%)
Earnings per share (TTM) $0.042

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy GLG Corp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

GLG Corp price performance over time

Historical closes compared with the last close of A$0.265

1 week (2021-09-20) -19.70%
1 month (2021-08-27) -17.19%
3 months (2021-06-25) -26.39%
6 months (2021-03-26) 3.92%
1 year (2020-09-25) 112.00%
2 years (2019-09-27) 120.83%
3 years (2018-09-27) 65.63%
5 years (2016-09-27) 15.22%

Is GLG Corp under- or over-valued?

Valuing GLG Corp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GLG Corp 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

GLG Corp 's P/E ratio

GLG Corp 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, GLG Corp shares trade at around 6x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

GLG Corp 's EBITDA

GLG Corp 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $6.1 million (£0.0 million).

The EBITDA is a measure of a GLG Corp 's overall financial performance and is widely used to measure a its profitability.

GLG Corp financials

Revenue TTM $183.8 million
Operating margin TTM 1.39%
Gross profit TTM $33.1 million
Return on assets TTM 1.08%
Return on equity TTM 4.15%
Profit margin 1.23%
Book value 0.748
Market capitalisation $19.6 million

TTM: trailing 12 months

GLG Corp share dividends

43%

Dividend payout ratio: 42.62% of net profits

Recently GLG Corp has paid out, on average, around 42.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.28% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), GLG Corp shareholders could enjoy a 10.28% return on their shares, in the form of dividend payments. In GLG Corp 's case, that would currently equate to about A$0.02 per share.

While GLG Corp 's payout ratio might seem fairly standard, it's worth remembering that GLG Corp may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 16 September 2021 (the "ex-dividend date").

GLG Corp share price volatility

Over the last 12 months, GLG Corp 's shares have ranged in value from as little as $0.1104 up to $0.5426. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while GLG Corp 's is -0.041. This would suggest that GLG Corp 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, GLG Corp has bucked the trend.

GLG Corp overview

GLG Corp Ltd engages in the manufacture and supply of knitwear and apparel worldwide. It offers ready to wear, casual active, performance, sleepwear, menswear, children's wear, private label, and ultra mask products. The company supplies its garments through marketing and manufacturing network primarily to retailers in the United States. The company was incorporated in 2005 and is headquartered in Singapore. GLG Corp Ltd is a subsidiary of Ghim Li Group Pte Ltd.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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