Globus Maritime Limited (GLBS): Price and Financial Metrics
GLBS Stock Summary
- GLBS has a higher market value than only 0.07% of US stocks; more precisely, its current market capitalization is $274,950.7.
- With a price/sales ratio of 0.02, Globus Maritime Ltd has a higher such ratio than only 0.16% of stocks in our set.
- Globus Maritime Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -2,592.1%, greater than the shareholder yield of just 0.34% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Globus Maritime Ltd are TTM, SSL, GTE, TA, and SWN.
- GLBS's SEC filings can be seen here. And to visit Globus Maritime Ltd's official web site, go to www.globusmaritime.gr.
GLBS Stock Price Chart Interactive Chart >
GLBS Price/Volume Stats
|Current price||$5.25||52-week high||$122.00|
|Prev. close||$5.26||52-week low||$4.76|
|Day high||$5.49||Avg. volume||1,928,517|
|50-day MA||$6.15||Dividend yield||N/A|
|200-day MA||$18.72||Market Cap||336.00K|
Globus Maritime Limited (GLBS) Company Bio
Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It 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. The company was founded in 2006 and is based in Athens, Greece. Globus Maritime Limited operates as a subsidiary of Firment Trading Limited.
GLBS Price Forecast Based on DCF Valuation
|Current Price||DCF Fair Value Target:||Forecasted Gain:|
Below please find a table outlining a discounted cash flow forecast for GLBS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Globus Maritime Ltd ranked in the 4th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 99%. As for the metrics that stood out in our discounted cash flow analysis of Globus Maritime Ltd, consider:
- Interest coverage, a measure of earnings relative to interest payments, is -6.73; that's higher than only 7.66% of US stocks in the Industrials sector that have positive free cash flow.
- Its compound free cash flow growth rate, as measured over the past 3.93 years, is -0.6% -- higher than merely 1.6% of stocks in our DCF forecasting set.
|Terminal Growth Rate in Free Cash Flow||Return Relative to Current Share Price|
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Latest GLBS News From Around the Web
Below are the latest news stories about Globus Maritime Ltd that investors may wish to consider to help them evaluate GLBS as an investment opportunity.
Globus Maritime Limited Announces Closing of $30.0 Million Registered Direct Offering and the Agreement to Acquire a 2011-Built Kamsarmax Dry Bulk Carrier
GLYFADA, Greece, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that on February 17, 2021 it closed the previously announced registered direct offering of 4.8 million common shares (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 4.8 million common shares. The gross proceeds to the Company from the registered direct offering were approximately $30.0 million before deducting the placements agent’s fees and other estimated offering expenses. Maxim Group LLC served as exclusive placement agent for the offering. The securities described above were sold pursuant to a shelf registration statement on Form F-3 (File No. 333-240265), previously filed with the...
GLYFADA, Greece, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured a new charter employment for its vessel Sun Globe (a 58,790-deadweight ton built Supramax dry bulk carrier built in 2007, at Tsuneishi Heavy Industries Cebu shipyard). The vessel has been chartered to an unrelated charterer. The charter commences on February 1, 2021 and has a minimum duration of four months (minus 15 days) and a maximum duration of six months, at the charterer’s option (plus 15 days for redelivery), which is expected to generate gross revenue of approximately $1.25 million assuming the charter continues for the minimum scheduled period and approximately $2.3 million if the charter continue...
Midway through trading Wednesday, the Dow traded down 1.34% to 30,522.17 while the NASDAQ fell 1.69% to 13,395.48. The S&P also fell, dropping 1.83% to …
GLYFADA, Greece, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS) announced today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue 2.6 million of its common shares (or pre-funded warrants in lieu thereof) and purchase warrants to purchase up to an aggregate of 1.95 million common shares at a purchase price of $6.25 per common share and accompanying purchase warrant (or $6.24 per pre-funded warrant and accompanying purchase warrant) in a registered direct offering. The purchase warrants will have an exercise price of $6.25 per share, are exercisable immediately, and will expire five and a half years following the date of issuance. In addition, effective on the closing da...
GLYFADA, Greece, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured new time charter employment for its vessel Star Globe (a 56,867-deadweight ton built Supramax dry bulk carrier built in 2010, at Kouan Shipbuilding Industry Shipyard in China). The vessel has been chartered to an unrelated charterer. The charter commences today, January 13, 2021, and has a minimum duration of five months (minus 15 days) and a maximum duration of eight months, at the charterer’s option (plus 15 days for redelivery), which is expected to generate gross revenue of approximately $1.4 million assuming the charter continues for the minimum scheduled period and approximately $2.6 million if the ...
GLBS Price Returns
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