Globus Maritime (NASDAQ:GLBS) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Up 3.2 %

NASDAQ GLBS opened at $1.14 on Friday. Globus Maritime has a twelve month low of $1.06 and a twelve month high of $3.15. 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 stock has a market cap of $23.46 million, a PE ratio of 8.14 and a beta of 0.32. The firm has a 50-day simple moving average of $1.50 and a 200 day simple moving average of $1.69.

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.