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

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

Globus Maritime Stock Down 2.6 %

Shares of NASDAQ:GLBS opened at $1.29 on Friday. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. Globus Maritime has a 12 month low of $1.06 and a 12 month high of $2.40. The company has a 50-day moving average price of $1.29 and a 200 day moving average price of $1.52. The company has a market cap of $26.55 million, a price-to-earnings ratio of 9.21 and a beta of 0.38.

Globus Maritime (NASDAQ:GLBS) last announced its quarterly earnings results on Friday, November 29th. The shipping company reported ($0.03) EPS for the quarter. Globus Maritime had a net margin of 8.44% and a return on equity of 0.74%.

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.