An Important Check-Up On Globus Maritime Limited (NASDAQ: GLBS)


After grabbing 4.78 million shares, the institutional investor is now in possession of 4.78 million shares of the Industrials Company. The new investment brought the stake of investor firm to 2.72% having worth around $0.68 million. Moreover, Empery Asset Management LP increased its share by 3.0 million to have a control over 3.0 million shares. And Heights Capital Management, Inc. raised its holdings to 2.06 million shares by acquiring 2.06 million shares or 1.18% of the stake.

Globus Maritime Limited (GLBS) concluded trading on 08/26/20 at a closing price of $0.14, with 20.25 million shares of worth about $2.84 million changed hands on the day. Weekly performance of the stock remained positive as price took a surge of 15.98% during that period and on Wednesday the price saw a gain of about 11.08%. Currently the company’s common shares owned by public are about 5.82M shares, out of which, 5.79M shares are available for trading.

Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $200.00 and could fall to a lowest price of $200.00. However, touching the estimated high of $200.00 would mean a gain of 99.93% for the stock.

Globus Maritime Limited (NASDAQ: GLBS) started trading at $0.13, below $0.0 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $0.14, or with a gain of 11.08%. Stock saw a price change of 15.98% in past 5 days and over the past one month there was a price change of -12.43%. Year-to-date (YTD), GLBS shares are showing a performance of -85.38% which decreased to -92.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.12 but also hit the highest price of $3.01 during that period. While comparing its average daily trading volume of 15.82 million shares, we see that about 20.25 million changed hands on the day. The stock is currently trading 1.05% above its 20-day simple moving average (SMA20), while that difference is down -36.32% for SMA50 and it goes to -78.74% lower than SMA200.

Sabby Capital LLC acquired 4.78 million shares of Globus Maritime Limited having value of about $0.68 million. Globus Maritime Limited (NASDAQ: GLBS) currently have 5.82M outstanding shares and institutions hold larger chunk of about 7.70% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.

The stock has a current market capitalization of $27.46M and its 3Y-monthly beta is at 0.70. It has posted earnings per share of -$10.18 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GLBS, volatility over the week remained 10.51% while standing at 8.39% over the month.

Analysts are in expectations that Globus Maritime Limited (GLBS) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter ESPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -682.80%.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wunderlich on April 14, 2014 offering a Buy rating for the stock and assigned a target price range of between $4 and $5 to it. Coverage by Wunderlich stated Globus Maritime Limited (GLBS) stock as a Hold in their note to investors on September 12, 2012, suggesting a price target of $3.50 for the stock. On May 16, 2012, Wunderlich Downgrade their recommendations, while on October 07, 2011, Wunderlich Initiated their ratings for the stock with a price target of $8.


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