Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | +0.00% |
About
Globus Maritime Limited (GML) is an international dry bulk shipping firm that specializes in providing worldwide marine transportation services. The company owns, manages, and operates a fleet of dry bulk carriers, which are essential for shipping a variety of raw materials and commodities, including iron ore, coal, grain, steel products, cement, alumina, and other bulk cargoes. As of March 31, 2022, GML's fleet consisted of nine vessels with a combined carrying capacity of 626,257 deadweight tons (DWT). These vessels are chartered out to a diverse range of clients, such as maritime operators, trading firms, other shipping companies, various producers, and government-owned organizations. Founded in 2006, Globus Maritime Limited is headquartered in Athens, Greece, and operates as a subsidiary of Firment Trading Limited.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of f
Target Price
The average target price of GLBS is 6.00 and suggests 60.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr