Globus Maritime (NASDAQ:GLBS) Trading 7.8% Higher

Globus Maritime Ltd (NASDAQ:GLBS) shot up 7.8% during mid-day trading on Monday . The company traded as high as $1.98 and last traded at $1.79, 236,066 shares were traded during mid-day trading. A decline of 33% from the average session volume of 354,110 shares. The stock had previously closed at $1.66.

Separately, ValuEngine raised Globus Maritime from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st.

The company has a debt-to-equity ratio of 1.01, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50-day simple moving average of $2.16 and a 200-day simple moving average of $2.95.

Globus Maritime (NASDAQ:GLBS) last announced its earnings results on Tuesday, June 11th. The shipping company reported ($0.15) earnings per share (EPS) for the quarter. The firm had revenue of $3.54 million during the quarter. Globus Maritime had a negative net margin of 14.77% and a negative return on equity of 6.07%.

An institutional investor recently bought a new position in Globus Maritime stock. Virtu Financial LLC acquired a new position in Globus Maritime Ltd (NASDAQ:GLBS) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,634 shares of the shipping company’s stock, valued at approximately $97,000. Virtu Financial LLC owned approximately 0.92% of Globus Maritime at the end of the most recent reporting period. 1.68% of the stock is currently owned by institutional investors.

Globus Maritime Company Profile (NASDAQ:GLBS)

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. The company 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 December 31, 2017, it owned and operated five vessels with a total carrying capacity of 300.571 deadweight tonnage.

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