Globus Maritime Ltd (NASDAQ:GLBS) saw an uptick in trading volume on Thursday . 898,641 shares traded hands during mid-day trading, an increase of 154% from the previous session’s volume of 353,596 shares.The stock last traded at $2.00 and had previously closed at $1.85.

Separately, ValuEngine upgraded Globus Maritime from a “sell” rating to a “hold” rating in a report on Thursday, August 1st.

The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.86 and a current ratio of 0.86. The company has a 50 day moving average price of $2.15 and a 200 day moving average price of $2.95.

Globus Maritime (NASDAQ:GLBS) last released its earnings results on Tuesday, June 11th. The shipping company reported ($0.15) EPS for the quarter. The business had revenue of $3.54 million for the quarter. Globus Maritime had a negative net margin of 14.77% and a negative return on equity of 6.07%.

An institutional investor recently bought a new position in Globus Maritime stock. Acadian Asset Management LLC acquired a new position in shares of Globus Maritime Ltd (NASDAQ:GLBS) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,245 shares of the shipping company’s stock, valued at approximately $28,000. Acadian Asset Management LLC owned about 0.38% of Globus Maritime at the end of the most recent reporting period. Institutional investors own 1.68% of the company’s stock.

Globus Maritime Company Profile (NASDAQ:GLBS)

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of December 31, 2017, it owned and operated five vessels with a total carrying capacity of 300.571 deadweight tonnage.

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