Berenberg Bank Reiterates Buy Rating for Global Ports (LON:GPH)

Global Ports (LON:GPH)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report released on Friday, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reiterated a “house stock” rating on shares of Global Ports in a report on Thursday, October 24th.

Shares of GPH stock opened at GBX 242.50 ($3.19) on Friday. The stock’s fifty day moving average is GBX 274.02 and its 200-day moving average is GBX 322.16. The stock has a market capitalization of $152.36 million and a PE ratio of -12.97. Global Ports has a 52 week low of GBX 245 ($3.22) and a 52 week high of GBX 430 ($5.66). The company has a debt-to-equity ratio of 227.44, a quick ratio of 0.86 and a current ratio of 1.11.

Global Ports Company Profile

Global Ports Holding PLC operates ports primarily in Turkey, Montenegro, Malta, Spain, and Italy. It operates cruise ports for cruise liners, ferries, yachts, and mega-yachts. The company also engages in the commercial port operations that specialize in container, bulk, and general cargo handling activities; and storage and marine vehicle trade businesses.

Read More: How does quantitative easing work?

Receive News & Ratings for Global Ports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Ports and related companies with's FREE daily email newsletter.