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

Equities researchers at StockNews.com started coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research note issued to investors on Thursday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Down 4.3 %

GLBS opened at $1.21 on Thursday. The company has a market capitalization of $24.82 million, a PE ratio of 8.61 and a beta of 0.32. The business has a 50-day moving average of $1.58 and a 200-day moving average of $1.73. Globus Maritime has a fifty-two week low of $1.14 and a fifty-two week high of $3.15. 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 (NASDAQ:GLBS) last posted its earnings results on Thursday, September 12th. The shipping company reported $0.09 EPS for the quarter. The company had revenue of $9.52 million during the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%.

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.