Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. More Details
Share Price & News
How has Clough Global Equity Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLQ has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GLQ underperformed the US Capital Markets industry which returned 11.3% over the past year.
Return vs Market: GLQ underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Clough Global Equity Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Clough Global Equity Fund undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GLQ ($11.79) is trading above our estimate of fair value ($11.42)
Significantly Below Fair Value: GLQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GLQ is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: GLQ is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLQ is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (4.5x).
How is Clough Global Equity Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Clough Global Equity Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Clough Global Equity Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLQ is currently unprofitable.
Growing Profit Margin: GLQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GLQ is unprofitable, but has reduced losses over the past 5 years at a rate of 20.2% per year.
Accelerating Growth: Unable to compare GLQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLQ is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (11.9%).
Return on Equity
High ROE: GLQ has a negative Return on Equity (-9.15%), as it is currently unprofitable.
How is Clough Global Equity Fund's financial position?
Financial Position Analysis
Short Term Liabilities: GLQ's short term assets ($59.6M) exceed its short term liabilities ($57.8M).
Long Term Liabilities: GLQ's short term assets ($59.6M) do not cover its long term liabilities ($87.6M).
Debt to Equity History and Analysis
Debt Level: GLQ's debt to equity ratio (59.2%) is considered high.
Reducing Debt: GLQ's debt to equity ratio has increased from 55.7% to 59.2% over the past 5 years.
Debt Coverage: GLQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GLQ is unprofitable, therefore interest payments are not well covered by earnings.
What is Clough Global Equity Fund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GLQ's dividend (11.24%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: GLQ's dividend (11.24%) is in the top 25% of dividend payers in the US market (4.66%)
Stability and Growth of Payments
Stable Dividend: GLQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLQ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GLQ is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ned Burke (59 yo)
Mr. Edmund Joseph Burke, also known as Ned, has been the Chief Executive Officer of ALPS Funds Services, Inc. since 2005. He has served as Director of Alliance Bioenergy Plus, Inc. since September 2020. He ...
|Chief Executive Officer||no data||no data||no data|
|Vice Chairman||14.25yrs||US$22.00k||no data|
Experienced Board: GLQ's board of directors are seasoned and experienced ( 14.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.7%.
Clough Global Equity Fund's company bio, employee growth, exchange listings and data sources
- Name: Clough Global Equity Fund
- Ticker: GLQ
- Exchange: AMEX
- Founded: 2005
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$155.991m
- Shares outstanding: 13.23m
- Clough Global Equity Fund
- 53 State Street
- 27th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLQ||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Apr 2005|
Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:21|
|End of Day Share Price||2020/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.