Will Globus Maritime stock go up?

Globus Maritime Ltd (NASDAQ:GLBS) The 1 analysts offering 12-month price forecasts for Globus Maritime Ltd have a median target of 6.00, with a high estimate of 6.00 and a low estimate of 6.00. The median estimate represents a +102.02% increase from the last price of 2.97.

Is Glbs a good stock?

GLBS scores best on the Momentum dimension, with a Momentum rank ahead of 84.93% of US stocks. GLBS’s strongest trending metric is Growth; it’s been moving up over the last 30 weeks. GLBS’s current lowest rank is in the Quality metric (where it is better than 0.55% of US stocks).

Why did Globus Maritime go down?

Globus Maritime Ltd. shares were down 25% to $4.10 after the company said it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue 10 million common shares and purchase warrants to buy up to 10 million at $5 a share and accompanying purchase warrant in a registered …

How many ships does Globus Maritime have?

We currently own eight modern drybulk carriers, consisting of one Panamax, three Kamsarmax and four Supramax vessels with a weighted average age of approximately 10.2 years as of July 21, 2021 and a total carrying capacity of 544,420 DWT.

Is Glbs undervalued?

If the real value is higher than the market price, Globus Maritime Limi is considered to be undervalued, and we provide a buy recommendation. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation.

Is Globus Maritime a buy or sell?

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Globus Maritime Limi is ‘Strong Sell’.

What is dry bulk in shipping?

A dry bulk commodity is a raw material that is shipped in large unpackaged parcels. The commodities, which can include grain, metal, and energy materials, are transported long distances in bulk by sea in large cargo vessels by companies that specialize in dry bulk delivery.

What type of company is castor Maritime?

dry bulk shipping company
Castor Maritime Inc. operates as a dry bulk shipping company. The Company focuses on growing its fleet through acquisitions of new and modern vessels.

Who are the owners of Globus Maritime Limited?

The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited operates as a subsidiary of Firment Trading Limited. More… What is the Market’s View on Globus Maritime Ltd (GLBS) Stock’s Price and Volume Trends Tuesday?

Which is more volatile Globus maritime or GLBs?

In terms of volatility of its share price, GLBS is more volatile than 95.16% of stocks we’re observing. Globus Maritime Ltd’s shareholder yield — a measure of how much capital is returned to stockholders via dividends and buybacks — is -332.11%, greater than the shareholder yield of only 0.87% of stocks in our set.

Which is the best stock to invest in Globus maritime?

If you’re looking for stocks that are quantitatively similar to Globus Maritime Ltd, a group of peers worth examining would be SRT, OSN, VNTR, NFH, and TGLS. Visit GLBS’s SEC page to see the company’s official filings. To visit the company’s web site, go to www.globusmaritime.gr.

Where does GLBs stock rank in market value?

GLBS ranks lowest in Quality; there it ranks in the 0th percentile. GLBS has a higher market value than merely 2.43% of US stocks; more precisely, its current market capitalization is $13,619,751.