Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Globus Maritime stock | $7.05

Own Globus Maritime stock in just a few minutes.

Fact checked

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

Information last updated 2020-12-27.
Latest market closeUSD$7.05
52-week rangeUSD$5.85 - USD$116
50-day moving average USD$7.8026
200-day moving average USD$16.8409
Wall St. target priceUSD$20
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.334

Buy Globus Maritime shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Forex
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Public
$0
Stocks, ETFs
N/A
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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".

GLBS.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

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

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site