Advisory Services Network LLC purchased a new position in Globus Maritime Limited (NASDAQ:GLBS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 45,650 shares of the shipping company’s stock, valued at approximately $177,000. Advisory Services Network LLC owned 0.43% of Globus Maritime as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the company. CVI Holdings LLC bought a new position in shares of Globus Maritime during the 2nd quarter worth approximately $2,166,000. Goldman Sachs Group Inc. bought a new position in shares of Globus Maritime during the 1st quarter worth approximately $78,000. Jane Street Group LLC bought a new position in shares of Globus Maritime during the 1st quarter worth approximately $65,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Globus Maritime during the 2nd quarter worth approximately $155,000. Finally, GSA Capital Partners LLP bought a new position in shares of Globus Maritime during the 2nd quarter worth approximately $139,000. 23.03% of the stock is owned by hedge funds and other institutional investors.
Shares of Globus Maritime stock opened at $3.24 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 4.27 and a current ratio of 4.33. Globus Maritime Limited has a 12-month low of $2.55 and a 12-month high of $13.90. The firm’s 50 day simple moving average is $2.99 and its two-hundred day simple moving average is $3.76.
Separately, Maxim Group assumed coverage on shares of Globus Maritime in a research note on Monday, August 2nd. They set a “buy” rating and a $6.00 price objective for the company.
About Globus Maritime
Globus Maritime Ltd. is a holding company which engages in the ownership and operation of a fleet of dry bulk motor vessels. It also provides maritime services for the transportation of dry cargo products. The company was founded by Athanasios Georgios Feidakis and Georgios Karageorgiou on July 26, 2006 and is headquartered in Athens, Greece.
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