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

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

Globus Maritime Price Performance

Shares of GLBS opened at $2.00 on Monday. The company has a quick ratio of 7.26, a current ratio of 7.33 and a debt-to-equity ratio of 0.36. The stock has a market cap of $41.16 million, a PE ratio of 16.67 and a beta of 0.25. Globus Maritime has a 12-month low of $1.40 and a 12-month high of $3.15. The business has a 50-day simple moving average of $1.67 and a two-hundred day simple moving average of $1.92.

Institutional Investors Weigh In On Globus Maritime

An institutional investor recently bought a new position in Globus Maritime stock. Advisor Resource Council purchased a new position in shares of Globus Maritime Limited (NASDAQ:GLBS) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 31.60% of the company’s stock.

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 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.