How to Buy Globus Maritime Stock
Globus Maritime Ltd
Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide.
Globus Maritime stock last closed at $1.60, up 10.34% from the previous day, and has decreased 23.81% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.4 percentage points. Globus Maritime stock is currently +24.03% from its 52-week low of $1.29, and -49.21% from its 52-week high of $3.15.
At the moment, there are 20.58M GLBS shares outstanding. The market capitalization of GLBS is $32.93M. In the past 24 hours, 79,338 GLBS shares were traded.
How to Buy Globus Maritime Stock
Wondering how to invest in Globus Maritime stock? Here's how.
- Choose where to buy Globus Maritime stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Globus Maritime stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your details.
- Analyze Globus Maritime stock: The Globus Maritime ticker symbol is GLBS. Is Globus Maritime stock a good investment? Should you buy shares of GLBS? How do GLBS's underlying business fundamentals look? Do top analysts think Globus Maritime is a good buy? Why has GLBS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if GLBS is a good stock to buy).
- Execute your GLBS trade: Decide if you will purchase GLBS shares at the current market price or use a limit order to buy GLBS stock at a given price.
- Get notifications regarding your GLBS investment: Create a watchlist to get the latest news on your investment in Globus Maritime stock.
Step 1: Choose where to buy Globus Maritime stock
You need a brokerage account to access the NASDAQ market and buy GLBS shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Tech to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can buy GLBS today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best beginner stock app, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Globus Maritime stock
After you have selected the best place to buy Globus Maritime stock, it's critical to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.
Globus Maritime quick stats
Fundamentals of GLBS
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on GLBS's stock page.
How is GLBS stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GLBS's true value.
Using relative valuations metrics:
- GLBS could be overvalued based on its P/E ratio of 11.43x, relative to Marine Shipping industry P/E ratio of 9.41x
- GLBS could be undervalued based on its P/B ratio of 0.18x, relative to Marine Shipping industry P/B ratio of 0.95x
You can access additional valuation research on GLBS's stock here.
GLBS Financial Health Summary
Signs that GLBS is financially healthy:
- GLBS has cash burn of 59036000. It has enough cash and short-term investments to cover this for at least one year.
- GLBS profit margin has gone up from 5.4% to 8.4% in the past year.
- Total GLBS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the GLBS balance sheet.
Signs that GLBS is not financially healthy:
- GLBS has a relatively high debt to equity ratio of 0.57.
- There are more long-term liabilities than short-term assets on the GLBS balance sheet.
- GLBS has $60.83M in cash and short term investments. This is not enough to cover its annual cash burn of $59.04M.
GLBS Technical Indicators
GLBS Performance Numbers
Last year, GLBS earnings were $2.81M. In the past three year, GLBS's earnings have increased by -99.31% per year. This was slower than the Marine Shipping industry average of 37.43%.
Last year, GLBS revenue was $33.29M. Over the past 5 year, GLBS's revenue has increased by 15.42% per year. This was slower than the Marine Shipping industry average of 15.5%.
You can analyze GLBS's earnings and revenue performance here.
Who is buying/selling GLBS?
Over the past 12 months, executives and large shareholders at GLBS have not bought or sold any shares.
Get more info about who owns GLBS stock here.
Can I get consistent income from GLBS stock?
No, Globus Maritime doesn't provide an income stream by paying out dividends.
GLBS Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your GLBS trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Press the Open button and your broker will execute the order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your GLBS investment
Now that you own some GLBS stock, you'll want to stay up-to-date on your new investment.
Add GLBS to a watchlist to track the most important metrics related to your GLBS stock.
GLBS Feed
How to Buy Stock in Globus Maritime
To reiterate, here are the 6 steps you need to take to buy Globus Maritime stock right now:
- Choose where to buy Globus Maritime stock
- Sign up for your brokerage account
- Deposit money your investment account
- Analyze Globus Maritime stock
- Execute your GLBS trade
- Get notifications regarding your GLBS investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Globus Maritime, create your watchlist below.
Trending Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.