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

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

Globus Maritime Stock Up 8.2 %

NASDAQ:GLBS opened at $1.32 on Friday. Globus Maritime has a 1-year low of $1.06 and a 1-year high of $2.69. The firm has a market capitalization of $27.17 million, a price-to-earnings ratio of 9.43 and a beta of 0.32. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. The business’s fifty day moving average price is $1.39 and its 200 day moving average price is $1.63.

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.