Globant SA stock has fallen to a new 52-week low of $54.13, representing a 75.96% decline over the past year. Despite its profitability and solid current ratio, investor concerns persist, particularly within the tech sector. Analysts view the stock as undervalued, with price targets ranging from $68 to $150, and are closely watching strategic adjustments and the upcoming earnings report.
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Globant SA stock hits 52-week low at 54.13 USD
Globant SA stock has fallen to a new 52-week low of $54.13, representing a 75.96% decline over the past year. Despite its profitability and solid current ratio, investor concerns persist, particularly within the tech sector. Analysts view the stock as undervalued, with price targets ranging from $68 to $150, and are closely watching strategic adjustments and the upcoming earnings report.