Could Globus Maritime Limited (GLBS) Decline After Today’s Big Increase?

The stock of Globus Maritime Limited (NASDAQ:GLBS) is a huge mover today! The stock increased 11.11% or $0.33 during the last trading session, reaching $3.3. About 1.03 million shares traded or 51.99% up from the average. Globus Maritime Limited (NASDAQ:GLBS) has declined 66.97% since May 17, 2018 and is downtrending. It has underperformed by 71.34% the S&P500.
The move comes after 6 months positive chart setup for the $10.60 million company. It was reported on May, 17 by Barchart.com. We have $3.50 PT which if reached, will make NASDAQ:GLBS worth $635,820 more.

More notable recent Globus Maritime Limited (NASDAQ:GLBS) news were published by: Benzinga.com which released: “30 Stocks Moving In Monday’s Pre-Market Session – Benzinga” on March 11, 2019, also Benzinga.com with their article: “31 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on March 27, 2019, Globenewswire.com published: “Globus Maritime Limited Reports Financial Results for the Quarter and Nine-Month Period Ended September 30, 2018 – GlobeNewswire” on November 12, 2018. More interesting news about Globus Maritime Limited (NASDAQ:GLBS) were released by: Benzinga.com and their article: “Volatility In Top Ships Is Driving A Ton Of Interest In Overseas Shipping Stocks (TOPS)(DCIX)(DRYS)(SINO) – Benzinga” published on October 22, 2018 as well as Benzinga.com‘s news article titled: “58 Biggest Movers From Yesterday – Benzinga” with publication date: March 29, 2019.

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. The company has market cap of $10.60 million. The firm 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. It currently has negative earnings. As of March 31, 2017, it owned and operated five vessels with a total carrying capacity of 300.571 deadweight tonnage.

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