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

Analysts at StockNews.com started coverage on shares of Globus Maritime (NASDAQ:GLBS) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Price Performance

NASDAQ GLBS opened at $1.26 on Tuesday. Globus Maritime has a fifty-two week low of $1.06 and a fifty-two week high of $2.40. The stock’s 50-day moving average is $1.32 and its two-hundred day moving average is $1.48. The firm has a market cap of $25.93 million, a P/E ratio of 9.00 and a beta of 0.23. 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 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.