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

Investment analysts at StockNews.com assumed coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research note issued on Monday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Performance

Globus Maritime stock opened at $1.45 on Monday. Globus Maritime has a fifty-two week low of $1.40 and a fifty-two week high of $3.15. The company has a market capitalization of $29.84 million, a price-to-earnings ratio of 4.26 and a beta of 0.26. The stock has a fifty day moving average of $1.77 and a two-hundred day moving average of $1.81. The company has a debt-to-equity ratio of 0.36, a quick ratio of 7.26 and a current ratio of 7.33.

Globus Maritime (NASDAQ:GLBS) last issued its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share for the quarter. The company had revenue of $9.52 million during the quarter. Globus Maritime had a return on equity of 3.02% and a net margin of 21.32%.

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.