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GLBS Stock Chart & Stats
$3.65
-$0.01(-0.70%)
At close: 4:00 PM EST
$3.65
-$0.01(-0.70%)
Day’s Range― - ―
52-Week Range$1.04 - $4.06
Previous CloseN/A
Volume9.43K
Average Volume (3M)150.47K
Market Cap
$66.91M
Enterprise Value$141.10M
Total Cash (Recent Filing)$29.77M
Total Debt (Recent Filing)$106.34M
Price to Earnings (P/E)9.8
Beta0.30
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield14.68%
Share Statistics
EPS (TTM)N/A
Shares Outstanding21,582,300
10 Day Avg. Volume113,397
30 Day Avg. Volume150,473
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.21
Price to Sales (P/S)0.82
P/FCF Ratio-15.98
Enterprise Value/Market Cap2.11
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit8.50
Enterprise Value/Ebitda5.15
Forecast
1Y Price Target
$6.00Price Target Upside64.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Fleet ModernizationThe newer Ultramax fleet should improve commercial competitiveness and fuel efficiency while reducing the relative age of the operating platform. Fleet renewal can support utilization, customer appeal, and cost control over the next several years as Globus completes its newbuilding program.
Earnings RecoveryThe return to profitability and higher revenue demonstrate meaningful recovery from the prior loss-making period. If operating performance remains positive, the improved earnings base can strengthen internally generated capital and support fleet investment, although shipping results remain cyclical.
Moderate LeverageModerate leverage provides a stronger financial foundation than a highly debt-dependent fleet structure and leaves more flexibility to manage vessel investments. A sizable equity base can help Globus absorb market volatility and pursue opportunities without relying entirely on additional borrowing.
Bears Say
Earnings VolatilityThe wide swings in profitability show that Globus’s earnings power is not yet consistently durable. Dependence on changing shipping conditions makes forecasting difficult and can cause future cash generation, investment capacity, and shareholder returns to vary materially across market cycles.
Uneven Cash ConversionImproved TTM cash generation is encouraging, but conversion remains weaker than earnings and the historical record includes substantial cash outflows. This reduces confidence that reported profits will consistently translate into funds available for debt service, fleet renewal, or shareholder distributions.
Low Shareholder ReturnsA low ROE indicates that the company’s sizable asset base is currently producing only modest shareholder-level profitability. Unless utilization, charter economics, or operating efficiency improve sustainably, capital may remain tied up in vessels without generating strong returns over time.
Globus Maritime News
GLBS FAQ
What was Globus Maritime Limited’s price range in the past 12 months?
Globus Maritime Limited lowest stock price was $1.04 and its highest was $4.06 in the past 12 months.
What is Globus Maritime Limited’s market cap?
Globus Maritime Limited’s market cap is $66.91M.
When is Globus Maritime Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Globus Maritime Limited’s earnings last quarter?
Currently, no data Available
Is Globus Maritime Limited overvalued?
According to Wall Street analysts Globus Maritime Limited’s price is currently Undervalued.
Does Globus Maritime Limited pay dividends?
Globus Maritime Limited pays a Quarterly dividend of $340 which represents an annual dividend yield of 14.68%. See more information on Globus Maritime Limited dividends here
What is Globus Maritime Limited’s EPS estimate?
Globus Maritime Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Globus Maritime Limited have?
Globus Maritime Limited has 21,582,300 shares outstanding.
What happened to Globus Maritime Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Globus Maritime Limited?
Currently, no hedge funds are holding shares in GLBS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Globus Maritime Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
142.18%
12-Months-Change
Fundamentals
Return on Equity
3.80%
Trailing 12-Months
Asset Growth
-4.94%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Globus Maritime Limited
Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, manages, and operates a fleet of dry bulk carriers, which are essential for shipping a variety of raw materials and commodities, including iron ore, coal, grain, steel products, cement, alumina, and other bulk cargoes. As of March 31, 2022, GML's fleet consisted of nine vessels with a combined carrying capacity of 626,257 deadweight tons (DWT). These vessels are chartered out to a diverse range of clients, such as maritime operators, trading firms, other shipping companies, various producers, and government-owned organizations. Founded in 2006, Globus Maritime Limited is headquartered in Athens, Greece, and operates as a subsidiary of Firment Trading Limited.
GLBS Stock 12 Month Forecast
Average Price Target
$6.00
▲(64.38% Upside)
Technical Analysis
Ownership Overview
29.46% Insiders
0.06% Other Institutional Investors
70.48% Public Companies and
Individual Investors