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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 $2.17, down 0.46% from the previous day, and has increased 97.27% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.63 percentage points. Globus Maritime stock is currently +219.12% from its 52-week low of $0.68, and -31.11% from its 52-week high of $3.15.

As of Mar 27, 2024, there are 20.58M shares of GLBS outstanding. The market value of GLBS is $44.66M. In the last 24 hours, 15,928 GLBS shares were traded.

How to Buy Globus Maritime Stock

Not sure how to invest in Globus Maritime stock? Here's how.
  1. Choose where to buy Globus Maritime stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Globus Maritime stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your details.
  4. 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 research tools can help you evaluate if GLBS is a good stock to buy).
  5. Execute your GLBS trade: Decide if you will purchase GLBS shares at the current market price or use a limit order to purchase GLBS shares at a specific price.
  6. Get notifications regarding your GLBS investment: Create a watchlist to watch 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 stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy GLBS today.

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Step 3: Deposit money your investment account

Now that you've finished signing up on our top ranked stock trading app, you need to deposit funds:

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Step 4: Analyze Globus Maritime stock

Once you have decided on the best place to buy Globus Maritime stock, it's critical to evaluate their stock prior to investing, so you actually comprehend the risk and opportunity.

Overview of key GLBS info

GLBS Price
$2.17
1w %
-3.98%
1y %
97.27%
5y %
-99.41%
P/E
8.35x
P/B
0.25x
P/S
1.43x
PEG
N/A
Revenue
$31.21M
Earnings
$5.27M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$44.66M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of GLBS

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on GLBS's stock page.

Is GLBS stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GLBS's fair value.

Using relative valuations measures:

  • GLBS could be undervalued based on its P/E ratio of 8.35x, relative to Marine Shipping industry P/E ratio of 16.05x
  • GLBS could be undervalued based on its P/B ratio of 0.25x, relative to Marine Shipping industry P/B ratio of 0.96x

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.
  • GLBS has a low debt to equity ratio of 0.32.
  • There are more short-term assets than long-term liabilities on the GLBS balance sheet.

Signs that GLBS is not financially healthy:

  • GLBS profit margin has gone down from 39.3% to 16.9% in the past year.
  • GLBS's operating cash flow of -$4.46M allows it to safely service it's debt of $52.45M.
  • GLBS earnings of $9.63M is not enough to cover its interest payments.

GLBS Trading Indicators

SMA10
2.21
SMA20
2.22
SMA50
2.23
SMA100
2.26
SMA200
1.73
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
44.18
Stochastic %K
22.92
Stochastic %D
28.53
StochRSI %K
5.95
StochRSI %D
11.05

How are GLBS Revenues/Earnings doing?

Last year, GLBS earnings were $5.27M. During the past 2 year, GLBS's earnings have increased by -49.26% per year. This was slower than the Marine Shipping industry average of 16.13%.

Last year, GLBS revenue was $31.21M. During the past 5 year, GLBS's revenue has grown by 12.45% per year. This was slower than the Marine Shipping industry average of 15.65%.

You can research GLBS's earnings and revenue performance here.

What are GLBS executives and large shareholders up to?

Over the last 12 months, insiders at GLBS have not bought or sold any shares.

Research more about who owns GLBS shares here.

Does GLBS provide a stable income stream?

No, Globus Maritime doesn't provide an income stream by paying out dividends.

What do other investors have to say about GLBS?

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Step 5: Execute your GLBS trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • 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 particular price, use a limit order.

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Step 6: Get notifications regarding your GLBS investment

Now that you own some GLBS stock, you'll want to keep up with your new investment.

Start a watchlist to get alerted to the latest events about your GLBS stock.

GLBS Feed

How to Buy Stock in Globus Maritime

To summarize, here are the 6 steps you need to take to buy Globus Maritime stock right now:

  1. Choose where to buy Globus Maritime stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Analyze Globus Maritime stock
  5. Execute your GLBS trade
  6. Get notifications regarding your GLBS investment

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If you want to get the latest news on your new investment in Globus Maritime, create a watchlist today.

NASDAQ: GLBS
$2.17-0.01 (-0.46%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: GLBS
$2.17-0.01 (-0.46%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Globus Maritime share?

As of Mar 27, 2024, it costs $2.17 to buy one share of Globus Maritime stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.461 shares of GLBS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Globus Maritime stock?

One way to place an order for Globus Maritime stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.