The stock of Globus Maritime Ltd (NASDAQ:GLBS) is a huge mover today! About 836,941 shares traded hands or 170.97% up from the average. Globus Maritime Ltd (NASDAQ:GLBS) has risen 244.77% since April 18, 2016 and is uptrending. It has outperformed by 240.34% the S&P500.
The move comes after 5 months negative chart setup for the $5.99 million company. It was reported on Nov, 18 by Barchart.com. We have $4.91 PT which if reached, will make NASDAQ:GLBS worth $658,900 less.
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 news for Globus Maritime Ltd (NASDAQ:GLBS) were recently published by: Reuters.com, which released: “BRIEF-Globus Maritime Limited announces reverse stock split” on November 19, 2013. Marketwired.com‘s article titled: “Globus Maritime Limited Announces Reverse Stock Split” and published on October 10, 2016 is yet another important article.
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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