Globus Maritime (NASDAQ:GLBS) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report released on Wednesday morning. The firm issued a hold rating on the shipping company’s stock.

Globus Maritime Trading Up 2.1 %

GLBS opened at $1.43 on Wednesday. The company has a current ratio of 4.85, a quick ratio of 7.26 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $29.43 million, a PE ratio of 10.21 and a beta of 0.32. Globus Maritime has a 1-year low of $1.29 and a 1-year high of $3.15. The firm has a 50-day moving average price of $1.68 and a two-hundred day moving average price of $1.77.

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