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

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

Globus Maritime Trading Down 4.3 %

GLBS stock opened at $1.21 on Thursday. Globus Maritime has a one year low of $1.14 and a one year high of $3.15. The stock has a market cap of $24.82 million, a price-to-earnings ratio of 8.61 and a beta of 0.32. The company has a fifty day moving average price of $1.58 and a two-hundred day moving average price of $1.73. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78.

Globus Maritime (NASDAQ:GLBS) last posted its earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share (EPS) for the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%. The company had revenue of $9.52 million during the quarter.

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.