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How to buy Globus Maritime (GLBS) stocks in Canada

Learn how to easily invest in Globus Maritime stocks.

Globus Maritime is a marine shipping business based in the US. Globus Maritime stocks (GLBS.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $3.39 – a decrease of 10.43% over the previous week. Globus Maritime employs 14 staff and has a trailing 12-month revenue of around $28.7 million.

How to buy shares in Globus Maritime

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GLBS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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.

How has Coronavirus impacted Globus Maritime's stock price?

Since the stock market crash in March caused by coronavirus, Globus Maritime's stock price has had significant positive movement.

Its last market close was $1.89, which is 71.70% up on its pre-crash value of $0.5349 and 530.00% up on the lowest point reached during the March crash when the stocks fell as low as $0.3.

If you had bought $1,000 worth of Globus Maritime stocks at the start of February 2020, those stocks would have been worth $654.56 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,735.17.

Globus Maritime stock price (NASDAQ:GLBS)

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

Globus Maritime shares at a glance

Information last updated 2022-01-17.
Latest market close$1.89
52-week range$1.91 - $8.24
50-day moving average $2.37
200-day moving average $3.34
Wall St. target price$6.25
PE ratio 11.0811
Dividend yield N/A (0%)
Earnings per share (TTM) $0.19

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Globus Maritime price performance over time

Historical closes compared with the close of $1.89 from 2022-01-18

1 week (2022-01-12) -10.43%
1 month (2021-12-17) -10.43%
3 months (2021-10-19) -42.73%
6 months (2021-07-19) -34.60%
1 year (2021-01-19) -72.53%
2 years (2020-01-17) 89.49%
3 years (2019-01-18) 3.88
5 years (2017-01-19) 7.36

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 P/E ratio

Globus Maritime's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Globus Maritime shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Globus Maritime's EBITDA

Globus Maritime's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.9 million.

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 $28.7 million
Operating margin TTM 19.86%
Gross profit TTM $-653,000
Return on assets TTM 2.85%
Return on equity TTM 2.21%
Profit margin 6.55%
Book value $6.62
Market capitalisation $42.2 million

TTM: trailing 12 months

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 $1.91 up to $8.2371. 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 0.1495. This would suggest that Globus Maritime's shares are less volatile than average (for this exchange).

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 June 15, 2021, the company owned and operated seven vessels with a total carrying capacity of 463,765 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited operates as a subsidiary of Firment Trading Limited. .

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Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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