Globus Maritime (NASDAQ:GLBS) Releases Quarterly Earnings Results, Beats Expectations By $0.51 EPS

Globus Maritime (NASDAQ:GLBSGet Rating) released its quarterly earnings data on Monday. The shipping company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.51, Fidelity Earnings reports.

Globus Maritime stock opened at $2.06 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 6.83 and a current ratio of 6.93. Globus Maritime has a fifty-two week low of $1.57 and a fifty-two week high of $5.85. The business’s 50 day moving average price is $2.14.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in Globus Maritime in the fourth quarter valued at approximately $79,000. Bank of America Corp DE bought a new position in Globus Maritime in the second quarter valued at approximately $97,000. Finally, Two Sigma Investments LP bought a new position in Globus Maritime in the third quarter valued at approximately $31,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Separately, StockNews.com started coverage on shares of Globus Maritime in a research note on Thursday, March 31st. They set a “sell” rating on the stock.

Globus Maritime Company Profile (Get Rating)

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 June 15, 2021, the company owned and operated seven vessels with a total carrying capacity of 463,765 deadweight tonnage.

See Also

Earnings History for Globus Maritime (NASDAQ:GLBS)

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