StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS – Free Report) in a research note released on Tuesday morning. The brokerage issued a hold rating on the shipping company’s stock.
Globus Maritime Stock Performance
Shares of NASDAQ:GLBS remained flat at $1.55 during trading on Tuesday. The stock had a trading volume of 116,207 shares, compared to its average volume of 50,945. The company has a 50-day simple moving average of $1.86 and a two-hundred day simple moving average of $2.05. The company has a market capitalization of $31.90 million, a P/E ratio of 12.92 and a beta of 0.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 6.06 and a current ratio of 6.13. Globus Maritime has a fifty-two week low of $0.85 and a fifty-two week high of $3.15.
Globus Maritime (NASDAQ:GLBS – Get Free Report) last posted its earnings results on Friday, June 7th. The shipping company reported ($0.01) earnings per share (EPS) for the quarter. Globus Maritime had a net margin of 7.87% and a return on equity of 1.37%. The company had revenue of $7.71 million during the quarter.
Institutional Investors Weigh In On Globus Maritime
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 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.
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