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

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

Globus Maritime Trading Up 3.2 %

Shares of Globus Maritime stock opened at $1.14 on Friday. The stock has a market cap of $23.46 million, a PE ratio of 8.14 and a beta of 0.32. The firm has a 50-day moving average of $1.50 and a 200-day moving average of $1.69. Globus Maritime has a 52-week low of $1.06 and a 52-week high of $3.15. The company has a debt-to-equity ratio of 0.49, a quick ratio of 4.78 and a current ratio of 4.85.

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.