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

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

Globus Maritime Price Performance

Globus Maritime stock opened at $1.52 on Monday. Globus Maritime has a 52 week low of $1.40 and a 52 week high of $3.15. The company has a quick ratio of 7.26, a current ratio of 7.33 and a debt-to-equity ratio of 0.36. The firm’s 50-day simple moving average is $1.77 and its 200 day simple moving average is $1.82. The firm has a market capitalization of $31.28 million, a PE ratio of 4.47 and a beta of 0.26.

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