Finance

Two Stocks in Focus: Globus Maritime Limited (NASDAQ:GLBS) & Seanergy Maritime Holdings Corp (NASDAQ:SHIP)

Globus Maritime Limited (NASDAQ:GLBS)

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.

Globus Maritime Limited (NASDAQ:GLBS)’s Financial Overview

Globus Maritime Limited (NASDAQ) surged 0% yesterday to close its trading session at $3.71. The company has 1 year Price Target of $20. Globus Maritime Limited has 52-Week high of $13.8 and 52-Week Low of $2.46. The stock touched its 52-Week High on 14.50 and 52-Week Low on 2.46. The stock traded with the volume of 58369 shares yesterday. The firm shows the market capitalization of $11.91 Million.

The firm is trading with SMA20 of 17.82 Percent, SMA50 of -20.53 Percent and SMA200 of -32.23 percent. Globus Maritime Limited has P/S value of 0.7 while its P/B value stands at 0.28. Similarly, the company has Return on Assets of -3.9 percent, Return on Equity of -8.2 percent and Return on Investment of -4.7 Percent. The company shows Gross Margin and Operating Margin of 35.8 percent and -7.3 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 0 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 1 analysts offering 12-month price forecasts for Globus Maritime Ltd have a median target of 200.00, with a high estimate of 200.00 and a low estimate of 200.00. The median estimate represents a +5,290.84% increase from the last price of 3.71.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP)

Seanergy Maritime Corp. is a newly organized Business Combination Company, or BCC. A BCC is a blank check company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, an unidentified operating business. The Company intends to focus on identifying one or more businesses or assets in the maritime shipping industry, but will not be limited to pursuing acquisition opportunities only within that industry.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP)’s Financial Outlook

The 2 analysts offering 12-month price forecasts for Seanergy Maritime Holdings Corp have a median target of 1.83, with a high estimate of 2.50 and a low estimate of 1.15. The median estimate represents a +205.75% increase from the last price of 0.60.

Seanergy Maritime Holdings Corp is estimated to report earnings on 03/06/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.04. The reported EPS for the same quarter last year was $0.

According to Zacks Investment Research, Seanergy Maritime Holdings Corp has a Consensus Recommendation of 1. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock declined -2.15% and closed its last trading session at $0.6. The company has the market capitalization of $24.4 Million. The stock has 52-week high of $1.19 and 52-Week low of $0.5. The firm touched its 52-Week high on 1.19 and 52-Week low on 0.50. The company has volume of 41746 shares. The company has a total of 40.87 Million shares outstanding.

Seanergy Maritime Holdings Corp (NASDAQ) in the last quarter reported its actual EPS of $0.02/share where the analyst estimated EPS was $0.01/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 100 percent.

The company has YTD performance of 18.74 percent. Beta for Seanergy Maritime Holdings Corp stands at 0.76 while its ATR (average true range) is 0.05. The company has Weekly Volatility of 7.55%% and Monthly Volatility of 9.18%%.

Seanergy Maritime Holdings Corp has distance from 20-day Simple Moving Average (SMA20) of 5.91%, Distance from 50-Day Simple Moving Average of -10.91 percent and Distance from 200-Day Simple Moving Average of -28.56%.

The Company currently has ROA (Return on Assets) of -6.6 percent, Return on Equity (ROE) of -55.1 Percent and Return on Investment (ROI) of 5.8% with Gross margin of 36 percent and Operating & Profit margin of 6.6% and -20.3% respectively.