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

Investment analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research note issued on Monday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Price Performance

Shares of NASDAQ:GLBS opened at $1.21 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78. Globus Maritime has a 1-year low of $1.06 and a 1-year high of $2.40. The company has a market capitalization of $24.90 million, a P/E ratio of 8.64 and a beta of 0.23. The firm’s 50 day simple moving average is $1.32 and its two-hundred day simple moving average is $1.49.

Globus Maritime Company Profile

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.