Globus Maritime (NASDAQ:GLBS) Now Covered by Analysts at StockNews.com

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

Globus Maritime Trading Up 2.8 %

Globus Maritime stock opened at $1.81 on Thursday. The company has a 50 day moving average price of $1.73 and a 200 day moving average price of $1.87. Globus Maritime has a 52 week low of $1.40 and a 52 week high of $3.15. The company has a debt-to-equity ratio of 0.36, a quick ratio of 7.26 and a current ratio of 7.33. The firm has a market capitalization of $37.25 million, a price-to-earnings ratio of 15.08 and a beta of 0.27.

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

Institutional Investors Weigh In On Globus Maritime

A hedge fund recently bought a new stake in Globus Maritime stock. Advisor Resource Council bought a new stake in shares of Globus Maritime Limited (NASDAQ:GLBS) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 25,050 shares of the shipping company’s stock, valued at approximately $55,000. Advisor Resource Council owned 0.12% of Globus Maritime as of its most recent SEC filing. 31.60% of the stock is currently owned by institutional investors.

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.