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

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

Globus Maritime Stock Up 3.3 %

GLBS opened at $1.11 on Friday. The business’s fifty day simple moving average is $1.52 and its 200 day simple moving average is $1.70. Globus Maritime has a 52 week low of $1.06 and a 52 week high of $3.15. 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 stock has a market cap of $22.74 million, a PE ratio of 7.89 and a beta of 0.32.

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.