GLBS all time low! Cheap company in the global shipping sectorGlobus Maritime has nine dry bulk carriers in the spot market.
Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry!
I wouldn`t be surprised to see it jump at $4.5 this year.
Globusmaritime
GLBS all time low! Revenues increased by 161%In H1 2021 total revenues increased by about 161% compared to H1 2020. Adjusted EBITDA increased by about 6.8 million.
Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020.
As of June 30, 2021 cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%.
Market Cap 51.23Mil
They have more in cash that Market cap!
52 Week Range 2.46 - 10.86
My price target is 10usd for this - not to forget - "Meme stock" by the end of the year.
I`m looking forward to read your opinion about it.