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

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

Globus Maritime Stock Performance

Shares of GLBS stock opened at $1.32 on Friday. The firm has a market cap of $27.17 million, a P/E ratio of 9.43 and a beta of 0.32. 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 has a fifty-two week low of $1.06 and a fifty-two week high of $2.69. The stock’s 50-day moving average is $1.39 and its two-hundred day moving average is $1.63.

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.