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

Research analysts at StockNews.com assumed coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued on Tuesday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Price Performance

NASDAQ GLBS opened at $1.24 on Tuesday. The stock’s 50-day moving average price is $1.31 and its two-hundred day moving average price is $1.48. 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 company has a market cap of $25.42 million, a PE ratio of 8.82 and a beta of 0.23. Globus Maritime has a 1 year low of $1.06 and a 1 year high of $2.40.

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

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.