StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS – Free Report) in a research note released on Wednesday. The firm issued a hold rating on the shipping company’s stock.
Globus Maritime Stock Down 2.5 %
Shares of NASDAQ GLBS opened at $1.16 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78. The company has a 50-day moving average price of $1.30 and a 200-day moving average price of $1.47. The stock has a market capitalization of $23.88 million, a P/E ratio of 8.29 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 – Get Free Report) last released its quarterly earnings results 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 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.
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