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

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

Globus Maritime Stock Performance

NASDAQ GLBS opened at $1.15 on Thursday. The company has a market cap of $23.66 million, a P/E ratio of 8.21 and a beta of 0.64. The company has a fifty day simple moving average of $1.28 and a 200 day simple moving average of $1.45. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. Globus Maritime has a 12-month low of $1.06 and a 12-month high of $2.40.

Globus Maritime (NASDAQ:GLBS) last issued its quarterly earnings data on Friday, March 14th. The shipping company reported ($0.10) 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 business had revenue of $8.69 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.