StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS – Free Report) in a report issued on Saturday. The brokerage issued a hold rating on the shipping company’s stock.
Globus Maritime Trading Down 4.2 %
NASDAQ:GLBS opened at $1.42 on Friday. The company has a current ratio of 6.13, a quick ratio of 6.06 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $29.19 million, a PE ratio of 11.82 and a beta of 0.25. The firm’s 50 day moving average is $1.67 and its 200 day moving average is $1.95. Globus Maritime has a 12 month low of $0.86 and a 12 month high of $3.15.
Globus Maritime (NASDAQ:GLBS – Get Free Report) last posted its quarterly earnings results on Friday, June 7th. The shipping company reported ($0.01) EPS for the quarter. Globus Maritime had a return on equity of 1.37% and a net margin of 7.87%. The company had revenue of $7.71 million during the quarter.
Institutional Investors Weigh In On Globus Maritime
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 December 31, 2023, the company's fleet include six and nine vessels with a total carrying capacity of 453,745 deadweight tonnage and 626,257 deadweight tonnage.
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