Globus Maritime Limited (NASDAQ: GLBS) shares plummet in AH trading after the earnings results – Invest Chronicle

Globus Maritime Limited (NASDAQ: GLBS) shares plummet in AH trading after the earnings results

The dry bulk shipping firmGlobus Maritime Limited (NASDAQ: GLBS) stock dropped -11.98% to $9.18 in the after-hours trading following it reported an unaudited combined operating and fiscal results for the quarter and nine-month period ended 30 September 2020.

Company’s currency and bank reserves and bank deposits (including restricted cash) were $31.2 and $4.8 million as of September 30, 2020 and December 31, 2019, respectively. That was a rise of 550 percent.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


The company’s gross liabilities (including total debt) were $42.4 million as of September 30, 2020, compared to $45.8 million as of December 31, 2019. That was a 7 percent decline.

The estimated operating costs declined to $4,422 per vessel per day for the nine-month period ending September 30, 2020, compared to $4,943 for the same period in 2019, an 11 percent decline.

Leave a Comment

Your email address will not be published. Required fields are marked *

Share:

More Posts

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam