How to buy Globus Maritime stock | $7.05

Globus Maritime Limited is a marine shipping business based in the US. Globus Maritime shares (GLBS) are listed on the NASDAQ and all prices are listed in US Dollars. Globus Maritime employs 15 staff and has a trailing 12-month revenue of around USD$11.5 million.

How to buy shares in Globus Maritime

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Globus Maritime. Find the stock by name or ticker symbol: GLBS. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Globus Maritime reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$7.05, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Globus Maritime, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Globus Maritime. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Globus Maritime share price

Use our graph to track the performance of GLBS stocks over time.

Globus Maritime shares at a glance

• Key figures

Information last updated 2020-12-27.

Latest market close	USD$7.05
52-week range	USD$5.85 - USD$116
50-day moving average	USD$7.8026
200-day moving average	USD$16.8409
Wall St. target price	USD$20
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-1.334

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Is it a good time to buy Globus Maritime stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Globus Maritime Limited by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Globus Maritime price performance over time

Historical closes compared with the close of $7.05 from 2021-01-11

1 week (2021-01-14)	1.44%
1 month (2020-12-23)	12.08%
3 months (2020-10-23)	-10.31%
6 months (2020-07-23)	4,268.03%

1 year (2020-01-23)	659.94%
2 years (2019-01-23)	93.15%
3 years (2018-01-23)	487.50%
5 years (2016-01-22)	7,205.70%

Is Globus Maritime under- or over-valued?

Valuing Globus Maritime stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globus Maritime's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Globus Maritime's EBITDA

Globus Maritime's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$833,000.

The EBITDA is a measure of a Globus Maritime's overall financial performance and is widely used to measure a its profitability.

Globus Maritime financials

Revenue TTM	USD$11.5 million
Gross profit TTM	USD$2.9 million
Return on assets TTM	-4.58%
Return on equity TTM	-125.81%
Profit margin	0%
Book value	$19.367
Market capitalisation	USD$18.7 million

TTM: trailing 12 months

Shorting Globus Maritime shares

There are currently 218,210 Globus Maritime shares held short by investors – that's known as Globus Maritime's "short interest". This figure is 56.4% up from 139,538 last month.

There are a few different ways that this level of interest in shorting Globus Maritime shares can be evaluated.

Globus Maritime's "short interest ratio" (SIR)

Globus Maritime's "short interest ratio" (SIR) is the quantity of Globus Maritime shares currently shorted divided by the average quantity of Globus Maritime shares traded daily (recently around 346365.07936508). Globus Maritime's SIR currently stands at 0.63. In other words for every 100,000 Globus Maritime shares traded daily on the market, roughly 630 shares are currently held short.

However Globus Maritime's short interest can also be evaluated against the total number of Globus Maritime shares, or, against the total number of tradable Globus Maritime shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Globus Maritime's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Globus Maritime shares in existence, roughly 70 shares are currently held short) or 0.0728% of the tradable shares (for every 100,000 tradable Globus Maritime shares, roughly 73 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Globus Maritime.

Find out more about how you can short Globus Maritime stock.

Globus Maritime share dividends

We're not expecting Globus Maritime to pay a dividend over the next 12 months.

Have Globus Maritime's shares ever split?

Globus Maritime's shares were split on a 1:100 basis on 21 October 2020. So if you had owned 100 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Globus Maritime shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Globus Maritime shares which in turn could have impacted Globus Maritime's share price.

Globus Maritime share price volatility

Over the last 12 months, Globus Maritime's shares have ranged in value from as little as $5.85 up to $116. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Globus Maritime's is 1.0409. This would suggest that Globus Maritime's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Globus Maritime overview

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 October 29, 2020, the company owned and operated six vessels with a total carrying capacity of 381,738 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was founded in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.

Frequently asked questions

• What percentage of Globus Maritime is owned by insiders or institutions?

  Currently 2.197% of Globus Maritime shares are held by insiders and 2.706% by institutions.

• How many people work for Globus Maritime?

  Latest data suggests 15 work at Globus Maritime.

• When does the fiscal year end for Globus Maritime?

  Globus Maritime's fiscal year ends in December.

• Where is Globus Maritime based?

  Globus Maritime's address is: 128 Vouliagmenis Avenue, Athens, Greece, 166 74

• What is Globus Maritime's ISIN number?

  Globus Maritime's international securities identification number is: MHY272651263

• What is Globus Maritime's CUSIP number?

  Globus Maritime's Committee on Uniform Securities Identification Procedures number is: Y27265209