Currently, Globus Maritime Ltd [GLBS] is trading at $1.34, up 8.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The GLBS shares have gain 14.53% over the last week, with a monthly amount glided 15.58%, 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.
This stock has fluctuated between a low of $0.99 and a high of $1.63 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Globus Maritime Ltd [NASDAQ: GLBS] shares were valued at $1.34 at the most recent close of the market. An investor can expect a potential return of 123.88% based on the average GLBS price forecast.
Analyzing the GLBS fundamentals
Trailing Twelve Months sales for Globus Maritime Ltd [NASDAQ:GLBS] were 35.80M which represents 0.23% growth. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.
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 1.2467 points at the first support level, and at 1.1533 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4167, and for the 2nd resistance point, it is at 1.4933.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Globus Maritime Ltd [NASDAQ:GLBS] is 1.72. On the other hand, the Quick Ratio is 1.68, and the Cash Ratio is 1.53. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 0.16.
