Global Ship Lease Inc (GSL) concluded trading on Wednesday at a closing price of $21.53, with 0.44 million shares of worth about $9.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.85% during that period and on November 27, 2024 the price saw a loss of about -0.23%. Currently the company’s common shares owned by public are about 35.19M shares, out of which, 32.64M shares are available for trading.
Stock saw a price change of -7.72% in past 5 days and over the past one month there was a price change of -7.72%. Year-to-date (YTD), GSL shares are showing a performance of 8.94% which increased to 20.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.64 but also hit the highest price of $30.23 during that period. The average intraday trading volume for Global Ship Lease Inc shares is 346.42K. The stock is currently trading -8.24% below its 20-day simple moving average (SMA20), while that difference is down -11.62% for SMA50 and it goes to -11.50% lower than SMA200.
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
Global Ship Lease Inc (NYSE: GSL) currently have 35.19M outstanding shares and institutions hold larger chunk of about 58.46% of that.
The stock has a current market capitalization of $759.15M and its 3Y-monthly beta is at 1.55. PE ratio of stock for trailing 12 months is 2.39, while it has posted earnings per share of $9.01 in the same period. Its PEG reads 0.20 and has Quick Ratio of 1.58 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GSL, volatility over the week remained 2.50% while standing at 2.85% over the month.
Stock’s fiscal year EPS is expected to rise by 16.79% while it is estimated to decrease by -4.82% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Clarksons Platou on November 14, 2024 offering a Neutral rating for the stock and assigned a target price of $27 to it. On July 21, 2022, Jefferies Initiated their recommendations, while on July 16, 2021, Deutsche Bank Initiated their ratings for the stock with a price target of $23. Stock get a Buy rating from Jefferies on February 12, 2021.
