StockNews.com initiated coverage on shares of Globus Maritime (NASDAQ:GLBS – Free Report) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the shipping company’s stock.
Globus Maritime Stock Up 2.8 %
Globus Maritime stock opened at $1.81 on Thursday. The company has a market capitalization of $37.25 million, a P/E ratio of 15.08 and a beta of 0.27. The firm’s fifty day simple moving average is $1.73 and its 200-day simple moving average is $1.87. The company has a current ratio of 7.33, a quick ratio of 7.26 and a debt-to-equity ratio of 0.36. Globus Maritime has a 1-year low of $1.40 and a 1-year high of $3.15.
Globus Maritime (NASDAQ:GLBS – Get Free Report) last released its quarterly earnings results on Thursday, September 12th. The shipping company reported $0.09 earnings per share for the quarter. The business had revenue of $9.52 million for the quarter. Globus Maritime had a net margin of 21.32% and a return on equity of 3.02%.
Institutional Inflows and Outflows
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.
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