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Globus Maritime Limited (GLBS)

Industrials | Marine Shipping | Athens, Greece | NasdaqCM
2.77 USD +0.06 (2.030%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 2.77

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:04 a.m. EDT

The investment case for Globus Maritime is severely compromised by a catastrophic multi-year price trajectory. Despite a recent quarterly recovery in share price, the underlying business has suffered a structural collapse, with the stock trading at less than 1% of its value nine years ago. This is evidenced by eight consecutive years of negative annual returns, leaving the company with negative earnings, negative free cash flow, and a forward P/E that is mathematically undefined due to losses. While the balance sheet shows a healthy current ratio, the relentless decade-long decline suggests the market has correctly identified a deteriorating competitive position or fundamental business model failure that cannot be ignored. With no dividend history to provide income and a statistical forecasting model explicitly flagged as unreliable due to extreme noise, there is no safe entry point. The options market confirms this pessimism, with traders aggressively buying cheap puts to hedge against further drops rather than betting on a recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.077137
MSTL0.082685
AutoETS0.086559
AutoARIMA0.086574

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 23%
H-stat 33.02
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.35
Attribute Value
Sector Industrials
Ex Dividend Date 2012-05-22
Last Dividend Date 2012-05-22
Debt to Equity Ratio 61.163
Revenue per Share 2.285
Market Cap 59,675,060
Forward P/E -69.13
Beta 0.26
Profit Margins 1.72%
Website https://www.globusmaritime.gr

As of July 11, 2026, 5:04 a.m. EDT: Speculators are heavily positioned for downside protection with deep out-of-the-money put options dominating the open interest profile across nearly all expirations. Call activity is sparse and concentrated at distant strikes, while implied volatility for puts remains significantly elevated compared to calls, indicating a market pricing in a high probability of further decline rather than a rebound.


Dividend Data

Dividend History
Date Dividend Yield %
2012-05-23 340.0 2.207792
2012-03-12 640.0 3.024575
2011-10-27 640.0 3.508772
2011-06-15 640.0 1.526718
2011-05-13 640.0 1.787709
2011-03-04 640.0 1.880141
2010-12-15 640.0 1.290323
Additional Data
exDividendDate 2012-05-23
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 340.0
lastDividendDate 2012-05-23
dividendDate 2020-10-21

Info Dump

Attribute Value
52 Week Change 1.3982301
Address1 128 Vouliagmenis Ave.
Address2 3rd Floor Glyfada
All Time High 176,000.0
All Time Low 0.68
Ask 2.78
Ask Size 3
Average Daily Volume10 Day 136,100
Average Daily Volume3 Month 138,085
Average Volume 138,085
Average Volume10Days 136,100
Beta 0.259
Bid 2.75
Bid Size 2
Book Value 8.205
City Athens
Compensation As Of Epoch Date 1,230,681,600
Country Greece
Crypto Tradeable 0
Currency USD
Current Price 2.765
Current Ratio 2.65
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.88
Day Low 2.66
Debt To Equity 61.163
Display Name Globus Maritime
Dividend Date 1,603,238,400
Earnings Timestamp 1,781,121,600
Earnings Timestamp End 1,781,121,600
Earnings Timestamp Start 1,781,121,600
Ebitda 16,026,000
Ebitda Margins 0.33503
Enterprise To Ebitda 8.761
Enterprise To Revenue 2.935
Enterprise Value 140,400,064
Eps Forward -0.04
Eps Trailing Twelve Months -0.08
Esg Populated 0
Ex Dividend Date 1,337,731,200
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 30 210 96 08 359
Fifty Day Average 2.393
Fifty Day Average Change 0.37200022
Fifty Day Average Change Percent 0.1554535
Fifty Two Week Change Percent 139.82301
Fifty Two Week High 3.24
Fifty Two Week High Change -0.4749999
Fifty Two Week High Change Percent -0.14660491
Fifty Two Week Low 1.0
Fifty Two Week Low Change 1.7650001
Fifty Two Week Low Change Percent 1.7650001
Fifty Two Week Range 1.0 - 3.24
Financial Currency USD
First Trade Date Milliseconds 1,205,242,200,000
Float Shares 12,747,154
Forward Eps -0.04
Forward P E -69.12501
Free Cashflow -13,708,500
Full Exchange Name NasdaqCM
Full Time Employees 25
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.50060004
Gross Profits 23,946,000
Has Pre Post Market Data 1
Held Percent Insiders 0.35685003
Held Percent Institutions 0.07258
Implied Shares Outstanding 21,582,301
Industry Marine Shipping
Industry Disp Marine Shipping
Industry Key marine-shipping
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,337,731,200
Last Dividend Value 340.0
Last Fiscal Year End 1,767,139,200
Last Split Date 1,603,238,400
Last Split Factor 1:100
Long Business Summary Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services internationally. It 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. As of December 31, 2025, the company operated nine dry bulk vessels with a total carrying capacity of 680,622 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece.
Long Name Globus Maritime Limited
Market us_market
Market Cap 59,675,060
Market State PREPRE
Max Age 86,400
Message Board Id finmb_34792207
Most Recent Quarter 1,774,915,200
Net Income To Common 824,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 58,488,035
Number Of Analyst Opinions 1
Open 2.69
Operating Cashflow 15,321,000
Operating Margins 0.17856
Payout Ratio 0.0
Phone 30 210 96 08 300
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.765
Post Market Time 1,783,973,404
Previous Close 2.71
Price Hint 4
Price To Book 0.33698967
Price To Sales Trailing12 Months 1.2475188
Profit Margins 0.01723
Quick Ratio 2.21
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0550001
Regular Market Change Percent 2.02952
Regular Market Day High 2.88
Regular Market Day Low 2.66
Regular Market Day Range 2.66 - 2.88
Regular Market Open 2.69
Regular Market Previous Close 2.71
Regular Market Price 2.765
Regular Market Time 1,783,972,801
Regular Market Volume 337,878
Return On Assets 0.013099999
Return On Equity 0.00468
Revenue Growth 0.421
Revenue Per Share 2.285
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 21,582,301
Shares Percent Shares Out 0.016
Shares Short 344,763
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 173,335
Short Name Globus Maritime Limited
Short Percent Of Float 0.024
Short Ratio 1.27
Source Interval 15
Symbol GLBS
Target High Price 5.0
Target Low Price 5.0
Target Mean Price 5.0
Target Median Price 5.0
Total Cash 27,585,000
Total Cash Per Share 1.278
Total Debt 108,310,000
Total Revenue 47,835,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.80285
Two Hundred Day Average Change 0.9621501
Two Hundred Day Average Change Percent 0.5336828
Type Disp Equity
Volume 337,878
Website https://www.globusmaritime.gr
Zip 166 74