Globus Maritime Limited (NASDAQ:GLBS) does about 13.95M shares in volume on a normal day but saw 13075845 shares change hands in Tuesday trading. The company now has a market cap of 26.43M USD and an enterprise value of about $27.30M. Its current market price is $0.15, marking an increase of 1.69% compared to the previous close of $0.15. The 52 week high reached by this stock is $3.01 whilst the lowest price level in 52 weeks is $0.13. The script in recent trading has seen the stock touch a high of $0.1575 and a low of $0.143.
Globus Maritime Limited (GLBS) has a 20-day trading average at $0.1631 and the current price is -95.02% off the 52-week high compared with 18.11% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3507 and its 200-day simple moving average is $0.7998. If we look at the stock’s price movements over the week, volatility stands at 6.63%, which increases to 9.67% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 20.13 to suggest the stock is oversold.
1 analysts observing the Globus Maritime Limited (GLBS) stock have set the 12-month price targets for the company’s shares at between $200.00 and $200.00. The median price target is 99.92% away from the current levels at $200.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 14, 2014 when Wunderlich upgraded the stock to “Buy” and issued a price target of between $4 and $5. Wunderlich downgraded its price target at $8-$4.50.
The current price level is -10.34%, -58.44%, and -81.49% away from its SMA20, SMA50, and SMA200 respectively, with the GLBS price moving above the 50-day SMA on August 10. Globus Maritime Limited (GLBS) stock is up 1.17% over the week and -42.90% over the past month. Its price is -85.07% year-to-date and -91.98% over the past year.
The company’s next earnings report is expected on 09/24/2020.
Its 12-month price target is $200.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $200.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $200.00.
Outstanding shares total 175.59M with insiders holding 46.24% of the shares and institutional holders owning 1.56% of the company’s common stock. The company has a return on investment of -69.70% and return on equity of -191.20%. The beta has a value of 0.72. Price to book ratio is 0.51 and price to sales ratio is 1.84.