How to buy GLG Corp shares | A$0.125
Own GLG Corp shares in just a few minutes.
We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder.
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 listed in Australian Dollars. Its last market close was $0.125 – the same closing value as a week prior. GLG Corp has a trailing 12-month revenue of around $178 million.
How to buy shares in GLG Corp
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At today's price of $0.125, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- 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.
🧪How we chose these brokersFor our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.
How has coronavirus impacted GLG Corp 's share price?
Since the stock market crash in March caused by coronavirus, GLG Corp 's share price has had significant positive movement.
Its last market close was $0.125, which is 4.00% up on its pre-crash value of $0.12 and 4.17% up on the lowest point reached during the March crash when the shares fell as low as $0.12.
If you had bought $1,000 worth of GLG Corp shares at the start of February 2020, those shares would have been worth $1,000.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,041.67.
GLG Corp share priceUse our graph to track the performance of GLE stocks over time.
GLG Corp shares at a glance
|Latest market close||AUDA$0.125|
|52-week range||AUDA$0.1 - AUDA$0.125|
|50-day moving average||AUDA$0.1238|
|200-day moving average||AUDA$0.1097|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$0.051|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
Compare share trading platforms
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
|1 week (2020-10-22)||0%|
|1 month (2020-09-29)||0%|
|3 months (2020-07-29)||25.00%|
|6 months (2020-04-29)||4.17%|
|1 year (2019-10-29)||4.17%|
|2 years (2018-10-29)||-10.71%|
|3 years (2017-10-27)||-51.92%|
|5 years (2015-10-29)||-47.92%|
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 2x. In other words, GLG Corp shares trade at around 2x 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 $9.2 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||$178 million|
|Operating margin TTM||3.12%|
|Gross profit TTM||$39.2 million|
|Return on assets TTM||2.19%|
|Return on equity TTM||7.24%|
|Market capitalisation||$9.3 million|
TTM: trailing 12 months
GLG Corp share dividends
We're not expecting GLG Corp to pay a dividend over the next 12 months.
GLG Corp share price volatility
Over the last 12 months, GLG Corp 's shares have ranged in value from as little as $0.1 up to $0.125. 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 -0.2709. 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 manufactures and supplies fabrics and garments 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 is headquartered in Singapore. GLG Corp Ltd is a subsidiary of Ghim Li Group Pte Ltd.
Frequently asked questions
More guides on Finder
Where to buy Xbox One racing wheels online in Australia
A list of stores to buy Xbox One racing wheels online in Australia.
Where to buy Xbox One consoles online in Australia
A list of stores to buy Xbox One consoles online in Australia.
Where to buy Xbox One chargers online in Australia
A list of stores to buy Xbox One chargers online in Australia.
Where to buy Xbox One cables online in Australia
A list of stores to buy Xbox One cables online in Australia.
Where to buy Xbox 360 online in Australia
A list of stores to buy Xbox 360 online in Australia.
Where to buy Xbox 360 remotes online in Australia
A list of stores to buy Xbox 360 remotes online in Australia.
Where to buy Xbox 360 racing wheels online in Australia
A list of stores to buy Xbox 360 racing wheels online in Australia.
Where to buy Xbox 360 headsets online in Australia
A list of stores to buy Xbox 360 headsets online in Australia.
Where to buy Xbox 360 games online in Australia
A list of stores to buy Xbox 360 games online in Australia.
Where to buy Xbox 360 gamepads & standard controllers online in Australia
A list of stores to buy Xbox 360 gamepads & standard controllers online in Australia.
Ask an Expert