Globus Maritime (NASDAQ:GLBS) Earns Hold Rating from Analysts at StockNews.com

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

Globus Maritime Price Performance

Shares of NASDAQ:GLBS opened at $1.38 on Tuesday. The stock has a market capitalization of $28.30 million, a P/E ratio of 9.82 and a beta of 0.39. The business has a 50-day moving average of $1.32 and a two-hundred day moving average of $1.58. Globus Maritime has a fifty-two week low of $1.06 and a fifty-two week high of $2.41. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78.

Globus Maritime (NASDAQ:GLBS) last posted its quarterly earnings data on Friday, November 29th. The shipping company reported ($0.03) EPS for the quarter. Globus Maritime had a return on equity of 0.74% and a net margin of 8.44%.

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.