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

Investment analysts at StockNews.com began coverage on shares of Globus Maritime (NASDAQ:GLBSGet Free Report) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the shipping company’s stock.

Globus Maritime Stock Performance

GLBS stock opened at $1.18 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.85 and a quick ratio of 4.78. Globus Maritime has a 1-year low of $1.06 and a 1-year high of $2.74. The business has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.66. The company has a market capitalization of $24.29 million, a P/E ratio of 8.43 and a beta of 0.32.

Globus Maritime Company Profile

(Get Free Report)

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.

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