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

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

Globus Maritime Price Performance

Shares of NASDAQ GLBS opened at $1.18 on Friday. Globus Maritime has a 52 week low of $1.06 and a 52 week high of $2.74. The company has a quick ratio of 4.78, a current ratio of 4.85 and a debt-to-equity ratio of 0.49. The firm has a market cap of $24.29 million, a P/E ratio of 8.43 and a beta of 0.32. The business’s 50 day moving average price is $1.44 and its 200 day moving average price is $1.66.

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.