Globus Maritime (GLBS) Rallies on Friday the 13th, but later…; Standpoint Research is Bullish on FireEye (FEYE)
Globus Maritime Ltd. (Nasdaq:GLBS) shares soared 137.38% (or +4.19) to close at $7.24 on Friday. There appears to be no confirmed recent news from the company that may explain the stock’s rally during the regular session.
After the closing-bell, Globus said that its previously reported private placement and conversion of certain outstanding loans will not occur as planned because one of the multiple parties involved in the deal has decided not to complete the transaction. Shares of the drybulk shipping company slumped more than 25% in the extended session, following the announcement.
Globus Maritime, which provides marine transportation services worldwide, has 2.60M shares outstanding and GLBS stock 52-week range is between $0.20 and $23.60 per share. At close on Friday, the company had a market capitalization of $18.79M.
Shares of FireEye Inc. (Nasdaq:FEYE) surged 3.86% (or +$0.50) to $13.44 on Friday’s trading session after investment analysts at Standpoint Research initiated coverage on the company’s stock with a Buy rating and a price target of $18.00, representing a potential upside of more than 33%.
Separately, the cybersecurity company was initiated with an Outperform rating by brokerage firm Northland Capital.
FireEye, which provides cybersecurity solutions for detecting, preventing, analyzing, and resolving cyber-attacks, has 171.10M shares outstanding, market capitalization (intraday) of $2.21B and FEYE stock one-year range is from $10.87 to $19.63 per share.
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