Globus Maritime (NASDAQ:GLBS) Earns Hold Rating from Analysts at StockNews.com

Equities researchers 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 Stock Performance

Shares of GLBS stock opened at $1.45 on Monday. The company’s fifty day simple moving average is $1.77 and its 200-day simple moving average is $1.81. The company has a current ratio of 7.33, a quick ratio of 7.26 and a debt-to-equity ratio of 0.36. Globus Maritime has a 52 week low of $1.40 and a 52 week high of $3.15. The company has a market cap of $29.84 million, a PE ratio of 4.26 and a beta of 0.26.

Globus Maritime (NASDAQ:GLBS) last released its quarterly earnings data on Thursday, September 12th. The shipping company reported $0.09 EPS for the quarter. The company had revenue of $9.52 million for the quarter. Globus Maritime had a return on equity of 3.02% and a net margin of 21.32%.

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.