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

Stock analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Price Performance

Shares of NASDAQ:GLBS opened at $1.21 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 4.78 and a current ratio of 4.85. The company has a market capitalization of $24.82 million, a PE ratio of 8.61 and a beta of 0.32. The stock has a fifty day moving average of $1.58 and a 200-day moving average of $1.73. Globus Maritime has a one year low of $1.14 and a one year high of $3.15.

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