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

Analysts at StockNews.com started coverage on shares of Globus Maritime (NASDAQ:GLBS) in a report released on Tuesday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Down 1.4 %

NASDAQ GLBS opened at $1.45 on Tuesday. Globus Maritime has a 52 week low of $1.29 and a 52 week high of $3.15. The firm has a market capitalization of $29.84 million, a price-to-earnings ratio of 4.21 and a beta of 0.26. The company has a quick ratio of 7.26, a current ratio of 7.33 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $1.74 and a two-hundred day moving average of $1.79.

Globus Maritime (NASDAQ:GLBS) last posted its quarterly earnings data on Thursday, September 12th. The shipping company reported $0.09 earnings per share for the quarter. Globus Maritime had a net margin of 21.32% and a return on equity of 3.02%. The company had revenue of $9.52 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.