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

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

Globus Maritime Price Performance

NASDAQ:GLBS opened at $1.88 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.13 and a quick ratio of 6.06. Globus Maritime has a 1 year low of $0.68 and a 1 year high of $3.15. The firm has a market capitalization of $38.69 million, a price-to-earnings ratio of 15.67 and a beta of 0.23. The business has a 50 day simple moving average of $2.03 and a 200-day simple moving average of $2.22.

Institutional Investors Weigh In On Globus Maritime

A hedge fund recently bought a new stake in Globus Maritime stock. Advisor Resource Council bought a new stake in Globus Maritime Limited (NASDAQ:GLBS) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 25,050 shares of the shipping company’s stock, valued at approximately $55,000. Advisor Resource Council owned about 0.12% of Globus Maritime at the end of the most recent reporting period. 31.60% of the stock is currently owned by institutional investors.

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 December 31, 2023, the company's fleet include six and nine vessels with a total carrying capacity of 453,745 deadweight tonnage and 626,257 deadweight tonnage.