Globus Maritime (NASDAQ:GLBS) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a note issued to investors on Wednesday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Trading Up 3.9 %

Shares of GLBS stock opened at $1.21 on Wednesday. The company has a quick ratio of 4.78, a current ratio of 4.85 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $24.80 million, a P/E ratio of 8.61 and a beta of 0.23. Globus Maritime has a twelve month low of $1.06 and a twelve month high of $2.40. The stock’s fifty day simple moving average is $1.30 and its 200 day simple moving average is $1.46.

Globus Maritime (NASDAQ:GLBS) last released its quarterly earnings data on Friday, March 14th. The shipping company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $8.69 million during the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%.

About Globus Maritime

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of September 20, 2024, the company operated eight dry bulk vessels with a total carrying capacity of 571,313 deadweight tonnage.