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.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s 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.

Get The Best Stocks To Trade Every Day!

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here