Stock Worth Mentioning Today: What’s Propelling Globus Maritime Ltd to Increase So Much?

Stock Worth Mentioning Today: What's Propelling Globus Maritime Ltd to Increase So Much?

The stock of Globus Maritime Ltd (NASDAQ:GLBS) is a huge mover today! About 239,002 shares traded hands or 323.78% up from the average. Globus Maritime Ltd (NASDAQ:GLBS) has risen 138.33% since April 13, 2016 and is uptrending. It has outperformed by 134.41% the S&P500.
The move comes after 6 months positive chart setup for the $15.05 million company. It was reported on Nov, 15 by Barchart.com. We have $6.72 PT which if reached, will make NASDAQ:GLBS worth $7.37 million more.

According to Zacks Investment Research, “Globus Maritime Limited is a drybulk shipping company, providing marine transportation services on a worldwide basis. It is a vertically integrated shipping company that 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 worldwide. Globus Maritime Limited is headquartered in Athens, Greece.”

More notable recent Globus Maritime Ltd (NASDAQ:GLBS) news were published by: Reuters.com which released: “BRIEF-Globus Maritime Limited announces reverse stock split” on November 19, 2013, also Marketwired.com with their article: “Globus Maritime Limited Announces Reverse Stock Split” published on October 10, 2016, Marketwired.com published: “Globus Maritime Limited regains Compliance with NASDAQ’s Minimum Closing Bid Price” on November 03, 2016. More interesting news about Globus Maritime Ltd (NASDAQ:GLBS) were released by: Hellenicshippingnews.com and their article: “Globus Maritime Limited Announces Management Change” published on December 28, 2015 as well as Seekingalpha.com‘s news article titled: “Globus Maritime – Eager To Stay Afloat (GLBS)” with publication date: March 30, 2015.

GLBS Company Profile

Globus Maritime Limited, incorporated on November 24, 2010, is an integrated dry bulk shipping company. The Firm provides marine transportation services across the world. 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 internationally.

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