Globus Maritime (NASDAQ:GLBS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report report published on Thursday. The firm issued a hold rating on the shipping company’s stock.

Globus Maritime Stock Performance

Shares of GLBS stock opened at $1.15 on Thursday. The company has a market capitalization of $23.66 million, a P/E ratio of 8.21 and a beta of 0.64. Globus Maritime has a fifty-two week low of $1.06 and a fifty-two week high of $2.40. The company has a debt-to-equity ratio of 0.49, a quick ratio of 4.78 and a current ratio of 4.85. The stock has a 50 day moving average price of $1.28 and a two-hundred day moving average price of $1.44.

Globus Maritime (NASDAQ:GLBS) last issued its quarterly earnings data on Friday, March 14th. The shipping company reported ($0.10) EPS for the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%. The firm had revenue of $8.69 million for the quarter.

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.