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

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

Globus Maritime Stock Up 3.0 %

GLBS stock opened at $1.36 on Friday. The company’s 50 day moving average is $1.38 and its two-hundred day moving average is $1.62. Globus Maritime has a twelve month low of $1.06 and a twelve month high of $2.64. The company has a current ratio of 4.85, a quick ratio of 4.78 and a debt-to-equity ratio of 0.49. The stock has a market cap of $27.99 million, a P/E ratio of 9.71 and a beta of 0.39.

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.