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

Research analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a note issued to investors on Wednesday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Price Performance

NASDAQ GLBS opened at $1.43 on Wednesday. The company has a market cap of $29.43 million, a PE ratio of 10.21 and a beta of 0.32. The firm’s 50 day moving average price is $1.70 and its 200-day moving average price is $1.78. The company has a debt-to-equity ratio of 0.49, a quick ratio of 7.26 and a current ratio of 4.85. Globus Maritime has a 52-week low of $1.29 and a 52-week high of $3.15.

Globus Maritime (NASDAQ:GLBS) last announced its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $9.52 million 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.