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

StockNews.com started coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report sent to investors on Tuesday morning. The brokerage issued a hold rating on the shipping company’s stock.

Globus Maritime Stock Performance

GLBS opened at $1.45 on Tuesday. The firm has a market capitalization of $29.84 million, a PE ratio of 4.26 and a beta of 0.26. The company has a current ratio of 7.33, a quick ratio of 7.26 and a debt-to-equity ratio of 0.36. Globus Maritime has a twelve month low of $1.29 and a twelve month high of $3.15. The firm’s 50-day moving average price is $1.73 and its 200 day moving average price is $1.79.

Globus Maritime (NASDAQ:GLBS) last posted its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share (EPS) for the quarter. Globus Maritime had a return on equity of 3.02% and a net margin of 21.32%. The business had revenue of $9.52 million during the quarter.

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.