Ewa LLC Purchases Shares of 15,523 Globus Maritime Limited (NASDAQ:GLBS)

Ewa LLC purchased a new stake in shares of Globus Maritime Limited (NASDAQ:GLBS) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,523 shares of the shipping company’s stock, valued at approximately $41,000. Ewa LLC owned about 0.08% of Globus Maritime as of its most recent filing with the SEC.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Globus Maritime from a “sell” rating to a “hold” rating in a research note on Friday, January 12th.

Globus Maritime Price Performance

GLBS stock traded down $0.03 during mid-day trading on Monday, reaching $1.92. 24,192 shares of the company’s stock were exchanged, compared to its average volume of 56,170. The company has a market cap of $39.53 million, a price-to-earnings ratio of 7.38 and a beta of 0.16. The stock’s 50 day moving average is $2.16 and its 200 day moving average is $2.20. The company has a debt-to-equity ratio of 0.26, a current ratio of 8.35 and a quick ratio of 8.21. Globus Maritime Limited has a 12-month low of $0.68 and a 12-month high of $3.15.

Globus Maritime (NASDAQ:GLBS) last issued its quarterly earnings results on Friday, March 15th. The shipping company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $7.11 million for the quarter. Globus Maritime had a return on equity of 3.03% and a net margin of 16.90%.

Globus Maritime Profile

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. As of December 31, 2023, the company's fleet include six and nine vessels with a total carrying capacity of 453,745 deadweight tonnage and 626,257 deadweight tonnage.