During the last session, Globus Maritime Ltd (NASDAQ:GLBS)’s traded shares were 92776.0, with the beta value of the company hitting 0.55. At the end of the trading day, the stock’s price was $1.23, reflecting an intraday loss of -8.21% or -$0.11. The 52-week high for the GLBS share is $2.21, that puts it down -79.67 from that peak though still a striking 19.51% gain since the share price plummeted to a 52-week low of $0.99. The company’s market capitalization is $25.32M, and the average intraday trading volume over the past 10 days was 99060.0 shares, and the average trade volume was 36.13K shares over the past three months.
Globus Maritime Ltd (NASDAQ:GLBS) trade information
Globus Maritime Ltd (GLBS) registered a -8.21% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -8.21% in intraday trading to $1.23, hitting a weekly high. The stock’s 5-day price performance is 6.03%, and it has moved by 19.42% in 30 days. Based on these gigs, the overall price performance for the year is -37.56%. The short interest in Globus Maritime Ltd (NASDAQ:GLBS) is 0.58 million shares and it means that shorts have 29.04 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 69.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, GLBS is trading at a discount of -225.2% off the target high and -225.2% off the low.
Globus Maritime Ltd (GLBS) estimates and forecasts
In the rating firms’ projections, revenue will increase 30.77% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 11.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.52M and 8.95M respectively. In this case, analysts expect current quarter sales to grow by 26.10% and then jump by 30.73% in the coming quarter.
While earnings are projected to return -1000.00% in 2025.
GLBS Dividends
Globus Maritime Ltd is due to release its next quarterly earnings on 2025-Jun-16. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Globus Maritime Ltd (NASDAQ:GLBS)’s Major holders
Globus Maritime Ltd insiders own 26.53% of total outstanding shares while institutional holders control 7.16%, with the float percentage being 9.74%. CITADEL ADVISORS LLC is the largest shareholder of the company, while 12.0 institutions own stock in it. As of 2024-06-30, the company held over 0.14 million shares (or 0.6902% of all shares), a total value of $0.27 million in shares.
The next largest institutional holding, with 68703.0 shares, is of SUSQUEHANNA INTERNATIONAL GROUP, LLP’s that is approximately 0.3338% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.13 million.
