Castor Maritime snaps up its third boxship
| GLBS Stock | USD 1.48 0.12 7.50% |
Slightly above 60% of Globus Maritime's investor base is looking to short. The current sentiment of investing in Globus Maritime suggests that many traders are alarmed. Globus Maritime's investing sentiment can be driven by a variety of factors including economic data, Globus Maritime's earnings reports, geopolitical events, and overall market trends.
Globus |
Cyprus-based Nasdaq-listed bulker and boxship owner Castor Maritime is bolstering its fleet with a secondhand 1.850 teu vessel worth 16.49m. The Petros Panagiotidis-led company said the unnamed 2009-built boxship would deliver by October this year and go on a 4-month charter at 29,000 per day. Castor will finance the deal with an unaffiliated third party
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Globus Maritime Investor Sentiment by Other News Outlets
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Globus Maritime Fundamental Analysis
We analyze Globus Maritime's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globus Maritime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globus Maritime based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Globus Maritime is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Globus Maritime Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Globus Maritime stock to make a market-neutral strategy. Peer analysis of Globus Maritime could also be used in its relative valuation, which is a method of valuing Globus Maritime by comparing valuation metrics with similar companies.
Peers
Globus Maritime Related Equities
| ESEA | Euroseas | 3.67 | ||||
| TOPS | TOP Ships | 1.45 | ||||
| GOGL | Golden Ocean | 1.70 | ||||
| SHIP | Seanergy Maritime | 1.73 | ||||
| USEA | United Maritime | 2.46 | ||||
| CTRM | Castor Maritime | 3.62 |
Additional Tools for Globus Stock Analysis
When running Globus Maritime's price analysis, check to measure Globus Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.