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

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

Globus Maritime Stock Performance

NASDAQ:GLBS opened at $1.54 on Friday. Globus Maritime has a one year low of $1.40 and a one year high of $3.15. The business’s 50-day simple moving average is $1.76 and its 200 day simple moving average is $1.83. 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 $31.69 million, a price-to-earnings ratio of 4.53 and a beta of 0.26.

Globus Maritime (NASDAQ:GLBS) last released its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share for the quarter. The business 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%.

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.