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

Equities researchers at StockNews.com assumed coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research note issued to investors on Friday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Up 3.3 %

Shares of NASDAQ:GLBS opened at $1.11 on Friday. The stock has a market capitalization of $22.74 million, a P/E ratio of 7.89 and a beta of 0.32. The stock’s 50-day moving average price is $1.52 and its 200-day moving average price is $1.70. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. Globus Maritime has a 12-month low of $1.06 and a 12-month high of $3.15.

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.