Globus Maritime (NASDAQ:GLBS – Get Free Report) announced its quarterly earnings results on Monday. The shipping company reported ($0.07) EPS for the quarter, Zacks reports. Globus Maritime had a negative net margin of 2.10% and a negative return on equity of 1.26%. The company had revenue of $8.62 million during the quarter.
Globus Maritime Stock Performance
Shares of NASDAQ:GLBS opened at $1.34 on Wednesday. The company’s 50 day moving average price is $1.12 and its two-hundred day moving average price is $1.22. Globus Maritime has a 12-month low of $0.99 and a 12-month high of $2.21. The firm has a market cap of $27.58 million, a PE ratio of -33.49 and a beta of 0.53. The company has a quick ratio of 1.50, a current ratio of 1.53 and a debt-to-equity ratio of 0.62.
Wall Street Analyst Weigh In
Separately, Wall Street Zen assumed coverage on shares of Globus Maritime in a research note on Wednesday, May 21st. They issued a “hold” rating on the stock.
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.
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