ValuEngine upgraded shares of Globus Maritime Limited (NASDAQ:GLBS) from a sell rating to a hold rating in a research report sent to investors on Tuesday.

Shares of Globus Maritime Limited (GLBS) opened at $1.08 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.51 and a quick ratio of 0.51. Globus Maritime Limited has a 12 month low of $0.86 and a 12 month high of $23.60.

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About Globus Maritime Limited

Globus Maritime Limited is a drybulk shipping company, providing marine transportation services on a worldwide basis. As of March 22, 2016, the Company own five modern drybulk carriers, consisting of one Panamax, and four Supramax vessels with a weighted average age of approximately 8.1 years and a total carrying capacity of 300,571 Deadweight Tons (dwt).

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