StockNews.com Begins Coverage on Globus Maritime (NASDAQ:GLBS)

Investment analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a report issued on Wednesday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Performance

Globus Maritime stock opened at $1.06 on Wednesday. Globus Maritime has a 52 week low of $1.00 and a 52 week high of $2.40. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. The stock has a market cap of $21.81 million, a P/E ratio of 7.57 and a beta of 0.51. The stock has a 50 day moving average of $1.15 and a 200-day moving average of $1.27.

Globus Maritime (NASDAQ:GLBS) last posted its quarterly earnings data on Friday, March 14th. The shipping company reported ($0.10) EPS for the quarter. The company had revenue of $8.69 million for 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.