StockNews.com Initiates Coverage on Globus Maritime (NASDAQ:GLBS)

StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBSFree Report) in a report issued on Wednesday morning. The firm issued a hold rating on the shipping company’s stock.

Globus Maritime Price Performance

Globus Maritime stock opened at $1.41 on Wednesday. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. The stock has a market cap of $28.30 million, a P/E ratio of 10.07 and a beta of 0.39. The company has a 50-day moving average price of $1.31 and a 200 day moving average price of $1.56. Globus Maritime has a 12-month low of $1.06 and a 12-month high of $2.40.

Globus Maritime (NASDAQ:GLBSGet Free Report) last released its quarterly earnings results on Friday, November 29th. The shipping company reported ($0.03) EPS for the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%.

About Globus Maritime

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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.

Further Reading

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