Globus Maritime (NASDAQ:GLBS) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Performance

NASDAQ:GLBS opened at $1.54 on Friday. The company’s 50-day moving average price is $1.76 and its 200-day moving average price is $1.83. The company has a current ratio of 7.33, a quick ratio of 7.26 and a debt-to-equity ratio of 0.36. The company has a market cap of $31.69 million, a P/E ratio of 4.53 and a beta of 0.26. Globus Maritime has a twelve month low of $1.40 and a twelve month high of $3.15.

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