Globus Maritime (NASDAQ:GLBS) Coverage Initiated at StockNews.com

Investment 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

Shares of Globus Maritime stock opened at $1.29 on Thursday. The company has a 50 day moving average price of $1.30 and a 200 day moving average price of $1.54. The firm has a market capitalization of $26.55 million, a P/E ratio of 9.21 and a beta of 0.38. The company has a quick ratio of 4.78, a current ratio of 4.85 and a debt-to-equity ratio of 0.49. Globus Maritime has a 52 week low of $1.06 and a 52 week high of $2.40.

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%.

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.