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 Friday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Trading Up 3.2 %

Shares of Globus Maritime stock opened at $1.14 on Friday. The stock has a market capitalization of $23.46 million, a P/E ratio of 8.14 and a beta of 0.32. Globus Maritime has a 12-month low of $1.06 and a 12-month high of $3.15. The company has a quick ratio of 4.78, a current ratio of 4.85 and a debt-to-equity ratio of 0.49. The company has a 50-day simple moving average of $1.50 and a 200 day simple moving average of $1.69.

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.