StockNews.com Initiates Coverage on Globus Maritime (NASDAQ:GLBS)

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

Globus Maritime Stock Up 1.7 %

Shares of Globus Maritime stock opened at $1.18 on Friday. Globus Maritime has a one year low of $1.06 and a one year high of $2.74. The company has a market cap of $24.29 million, a P/E ratio of 8.43 and a beta of 0.32. 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 firm has a fifty day moving average of $1.44 and a two-hundred day moving average of $1.66.

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.