Globus Maritime Limited (GLBS) Review – Making Smarter Decisions

Globus Maritime Limited (NASDAQ: GLBS) is -86.84% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $3.01 in the current 52-week trading range. The GLBS stock was last observed hovering at around $0.13 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $200.00 for the next 12 months. It is also 99.94% off the consensus price target high of $200.00 offered by 1 analysts, but current levels are 99.94% higher than the price target low of $200.00 for the same period.

Currently trading at $0.13, the stock is -10.12% and -45.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.33 million and changing 0.39% at the moment leaves the stock -81.11% off its SMA200. GLBS registered -93.59% loss for a year compared to 6-month loss of -70.46%. The firm has a 50-day simple moving average (SMA 50) of $1.84% and a 200-day simple moving average (SMA200) of $1.88M.

The stock witnessed a -11.08% gain in the last 1 month and extending the period to 3 months gives it a -81.23%, and is -0.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.36% over the week and 8.23% over the month.

Globus Maritime Limited (GLBS) has around 13 employees, a market worth around $24.72M and $14.40M in sales. Distance from 52-week low is 8.33% and -95.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-69.70%).

Globus Maritime Limited (GLBS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Globus Maritime Limited (GLBS) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Globus Maritime Limited is expected to release its quarterly report on 09/24/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -682.80% this year.

Globus Maritime Limited (GLBS) Top Institutional Holders

6 institutions hold shares in Globus Maritime Limited (GLBS), with 2.97M shares held by insiders accounting for 46.24% while institutional investors hold 2.90% of the company’s shares. The shares outstanding are 5.82M, and float is at 5.79M with Short Float at 55.68%. Institutions hold 1.56% of the Float.