Global Net Lease, Inc. (GNL) Reaches $19.32 1 Year Low; CHOW TAI FOOK (CJEWF) SI Increased By 6.54%

January 14, 2018 - By Migdalia James

CHOW TAI FOOK (OTCMKTS:CJEWF) had an increase of 6.54% in short interest. CJEWF’s SI was 3.59M shares in January as released by FINRA. Its up 6.54% from 3.37M shares previously. With 3,200 avg volume, 1121 days are for CHOW TAI FOOK (OTCMKTS:CJEWF)’s short sellers to cover CJEWF’s short positions. It closed at $1.07 lastly. It is down 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock of Global Net Lease, Inc. (NYSE:GNL) hit a new 52-week low and has $18.35 target or 5.00% below today’s $19.32 share price. The 5 months bearish chart indicates high risk for the $1.30B company. The 1-year low was reported on Jan, 14 by If the $18.35 price target is reached, the company will be worth $64.95 million less. The stock decreased 1.18% or $0.23 during the last trading session, reaching $19.32. About 386,682 shares traded or 23.19% up from the average. Global Net Lease, Inc. (NYSE:GNL) has declined 10.10% since January 14, 2017 and is downtrending. It has underperformed by 26.80% the S&P500.

Chow Tai Fook Jewellery Group Limited, an investment holding company, makes and sells jewelry products. The company has market cap of $11.02 billion. The firm offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the Chow Tai Fook and Hearts On Fire brands. It has a 23.26 P/E ratio. It also distributes watches of various brands.

Analysts await Global Net Lease, Inc. (NYSE:GNL) to report earnings on February, 26. They expect $0.51 earnings per share, down 19.05% or $0.12 from last year’s $0.63 per share. GNL’s profit will be $34.29M for 9.47 P/E if the $0.51 EPS becomes a reality. After $0.48 actual earnings per share reported by Global Net Lease, Inc. for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Global Net Lease, Inc. is a real estate investment trust. The company has market cap of $1.30 billion. The firm invests in the real estate markets across the globe. It has a 41.64 P/E ratio. It focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties.

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