Globus Maritime Limited [GLBS] has traded in a range of $0.10 to $3.01 in the last 1 year. As of this writing, the stock is at $0.14, down -9.40%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, GLBS shares are 11.58% up with the monthly amount drift of 11.39% and seems well in a long time frame.

On 12, October 2020, Globus Maritime Limited Announces the Acquisition of a 2015-Built Kamsarmax Dry Bulk Carrier, Expanding Fleet to Six Vessels. According to news published on Yahoo Finance, Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has entered into, through a separate wholly owned subsidiary, an agreement with an unaffiliated third party to purchase a 2015-built Kamsarmax vessel built by the Hudong-Zhonghua Shipbuilding shipyard, for $18.4 million.

Analyst Birdseye View:

The most recent analyst activity for Globus Maritime Limited [NASDAQ:GLBS] stock was on September 12, 2012, when it was Reiterated with a Hold rating from Wunderlich, which also lowered its 12-month price target on the stock from $4.50 to $3.50. Before that, on April 14, 2014, Wunderlich Recapitulated a Buy rating and elevated its amount target to $5. On May 16, 2012, Wunderlich Downgrade a Hold rating and plunged its price target on this stock from $8 to $4.50. On October 07, 2011, Wunderlich Initiated a Buy rating and increased its price target to $8.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.10 and a peak of $3.01. Right now, according to Wall Street analyst the average 12-month amount target is $200.00. At the most recent market close, shares of Globus Maritime Limited [NASDAQ:GLBS] were valued at $0.14.

FUNDAMENTAL ANALYSIS

Globus Maritime Limited [NASDAQ:GLBS] most recently reported quarterly sales of 2.3 billion, which represented growth of -32.40%. This publicly-traded organization’s revenue is $1,041,533 per employee, while its income is -$2,423,400 per employee. This company’s Gross Margin is currently 13.40%, its Pretax Margin is -232.68, and its Net Margin is -232.68. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -51.08, -142.75, -5.98 and -81.28 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 79.55 and the whole liability to whole assets at 69.04. It shows enduring liability to the whole principal at 76.64 and enduring liability to assets at 0.67 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.1306 points at 1st support level, the second support level is making up to 0.1253. But as of 1st resistance point, this stock is sitting at 0.1406 and at 0.1453 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Globus Maritime Limited [NASDAQ:GLBS] is 2.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.41. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.26 and it’s amount to book ratio is 0.52.