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 $1.17, up 1.74% from the previous day, and has decreased 37.1% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.15 percentage points. Globus Maritime stock is currently +18.18% from its 52-week low of $0.99, and -47.06% from its 52-week high of $2.21.
At the moment, there are 20.58M GLBS shares outstanding. The market capitalization of GLBS is $24.08M. In the past 24 hours, 13,300 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
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Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
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 undervalued based on its P/B ratio of 0.14x, relative to Marine Shipping industry P/B ratio of 0.81x
You can access additional valuation analysis on GLBS's stock here.
GLBS Financial Health Overview
Signs that GLBS is financially healthy:
- 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 profit margin has gone down from 7.9% to -2.1% in the past year.
- GLBS has $51.89M in cash and short term investments. This is not enough to cover its annual cash burn of $62.84M.
- There are more long-term liabilities than short-term assets on the GLBS balance sheet.
- GLBS has cash burn of 62841000. It does not have enough cash and short-term investments to cover this.
- GLBS has a relatively high debt to equity ratio of 0.81.
Is Globus Maritime stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who track GLBS, the consensus analyst rating on GLBS is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Globus Maritime stock forecast page.
Metrics for Advanced GLBS Traders
GLBS Revenue
Last year, GLBS revenue was $35.78M. In the last 5 year, GLBS's revenue has gone up by 20.01% per year. This was slower than the Marine Shipping industry average of 24.16%.
You can research GLBS's earnings and revenue performance here.
Are GLBS insiders buying or selling the stock?
Over the past year, executives and large shareholders at GLBS have not bought or sold any shares.
Learn more 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.
Get opinions from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your GLBS trade
You have two primary 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 the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need more help with investing in stocks on eToro, watch the how to 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 stock purchase.
Start a watchlist to track your GLBS stock.
GLBS Feed
How to Buy Stock in Globus Maritime
To summarize, here are the 6 steps to buy Globus Maritime stock:
- 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 are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Globus Maritime, create a watchlist on WallStreetZen today.
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