Globus Maritime (NASDAQ:GLBS) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Trading Up 2.0 %

Globus Maritime stock opened at $1.79 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 7.26 and a current ratio of 7.33. The stock has a market cap of $36.74 million, a PE ratio of 14.88 and a beta of 0.27. The stock has a 50-day moving average of $1.72 and a two-hundred day moving average of $1.88. Globus Maritime has a one year low of $1.40 and a one year high of $3.15.

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

Institutional Trading of Globus Maritime

A hedge fund recently bought a new stake in Globus Maritime stock. Advisor Resource Council bought a new position in shares of Globus Maritime Limited (NASDAQ:GLBS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 25,050 shares of the shipping company’s stock, valued at approximately $55,000. Advisor Resource Council owned 0.12% of Globus Maritime as of its most recent SEC filing. Institutional investors own 31.60% of the company’s stock.

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.