Globus Maritime (GLBS) Stock Price, News & Analysis

Company Overview

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. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.

Key Stats

• Today's Range: $1.70 to $1.80
• 50-Day Range: $1.41 to $2.18
• 52-Week Range: $1.40 to $3.15
• Volume: 23,392 shs
• Average Volume: 50,075 shs
• Market Capitalization: $35.40 million
• P/E Ratio: 5.06
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Globus Maritime Stock Analysis - MarketRank™

Globus Maritime scored higher than 15% of companies evaluated by MarketBeat, and ranked 41st out of 45 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Globus Maritime.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Globus Maritime is 5.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Globus Maritime is 5.06, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 464.09.

Price to Book Value per Share Ratio

Globus Maritime has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.79% of the outstanding shares of Globus Maritime have been sold short.

Short Interest Ratio / Days to Cover

Globus Maritime has a short interest ratio ("days to cover") of 15.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Globus Maritime has recently decreased by 3.63%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Globus Maritime does not currently pay a dividend.

Dividend Growth

Globus Maritime does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.79% of the outstanding shares of Globus Maritime have been sold short.

Short Interest Ratio / Days to Cover

Globus Maritime has a short interest ratio ("days to cover") of 15.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Globus Maritime has recently decreased by 3.63%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Globus Maritime this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Globus Maritime insiders have not sold or bought any company stock.

Percentage Held by Insiders

59.20% of the stock of Globus Maritime is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 31.60% of the stock of Globus Maritime is held by institutions.

GLBS Stock Analysis - Frequently Asked Questions

How have GLBS shares performed this year?

Globus Maritime's stock was trading at $2.65 at the beginning of the year. Since then, GLBS stock has decreased by 35.1% and is now trading at $1.72.
View the best growth stocks for 2024 here.

How were Globus Maritime's earnings last quarter?

Globus Maritime Limited (NASDAQ:GLBS) posted its quarterly earnings data on Thursday, September, 12th. The shipping company reported $0.09 EPS for the quarter. The shipping company had revenue of $9.52 million for the quarter. Globus Maritime had a net margin of 21.32% and a trailing twelve-month return on equity of 3.02%.

When did Globus Maritime's stock split?

Shares of Globus Maritime reverse split on the morning of Monday, October 15th 2018. The 1-10 reverse split was announced on Monday, October 8th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 12th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Globus Maritime?

Shares of GLBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Globus Maritime own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Globus Maritime investors own include Arista Networks (ANET), NVIDIA (NVDA), Meta Platforms (META), General Electric (GE), Broadcom (AVGO), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 9/12/2024
• Today: 10/23/2024
• Next Earnings (Estimated): 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Marine Shipping
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:GLBS
• CUSIP: N/A
• CIK: 1499780
• Web: www.globusmaritime.gr
• Phone: 302109608300
• Fax: 210-960-8359
• Employees: 24
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.12
• Trailing P/E Ratio: 5.06
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.27 million
• Net Margins: 21.32%
• Pretax Margin: 21.32%
• Return on Equity: 3.02%
• Return on Assets: 2.23%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 7.33
• Quick Ratio: 7.26

Sales & Book Value

• Annual Sales: $32.02 million
• Price / Sales: 1.11
• Cash Flow: $0.63 per share
• Price / Cash Flow: 2.73
• Book Value: $8.55 per share
• Price / Book: 0.20

Miscellaneous

• Outstanding Shares: 20,582,000
• Free Float: 8,397,000
• Market Cap: $35.40 million
• Optionable: Optionable
• Beta: 0.27