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

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

Globus Maritime Price Performance

GLBS stock opened at $1.30 on Monday. The stock has a 50-day moving average price of $1.35 and a two-hundred day moving average price of $1.60. The company has a market cap of $26.75 million, a PE ratio of 9.29 and a beta of 0.39. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. Globus Maritime has a 12-month low of $1.06 and a 12-month high of $2.42.

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.