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

StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued on Tuesday. The firm set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Down 1.3 %

Shares of Globus Maritime stock opened at $1.48 on Tuesday. The company’s fifty day simple moving average is $1.74 and its two-hundred day simple moving average is $1.80. Globus Maritime has a 12-month low of $1.29 and a 12-month high of $3.15. The company has a current ratio of 7.33, a quick ratio of 7.26 and a debt-to-equity ratio of 0.36. The company has a market cap of $30.46 million, a P/E ratio of 4.35 and a beta of 0.26.

Globus Maritime (NASDAQ:GLBS) last released its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $9.52 million during the quarter. Globus Maritime had a net margin of 21.32% and a return on equity of 3.02%.

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.