At the time of writing, Globus Maritime Ltd [GLBS] stock is trading at $1.23, down -8.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GLBS shares have gain 6.03% over the last week, with a monthly amount glided 19.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Globus Maritime Ltd [NASDAQ: GLBS] stock has seen the most recent analyst activity on April 14, 2014, when Wunderlich upgraded its rating to a Buy and also boosted its price target to $5 from $4. Previously, Wunderlich reaffirmed its Hold rating on September 12, 2012, and dropped its price target to $3.50. On May 16, 2012, downgrade downgraded it’s rating to Hold and revised its price target to $4.50 on the stock. Wunderlich started tracking the stock assigning a Buy rating and suggested a price target of $8 on October 07, 2011.
For the past year, the stock price of Globus Maritime Ltd fluctuated between $0.99 and $2.21. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Globus Maritime Ltd [NASDAQ: GLBS] shares were valued at $1.23 at the most recent close of the market. An investor can expect a potential return of 225.2% based on the average GLBS price forecast.
Analyzing the GLBS fundamentals
According to Globus Maritime Ltd [NASDAQ:GLBS], the company’s sales were 35.78M for trailing twelve months, which represents an 11.75% jump. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1700 points at the first support level, and at 1.1100 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2800, and for the 2nd resistance point, it is at 1.3300.
Ratios To Look Out For
It is important to note that Globus Maritime Ltd [NASDAQ:GLBS] has a current ratio of 1.70. As well, the Quick Ratio is 1.65, while the Cash Ratio is 1.35. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 0.14.
