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In the latest session, Global Ship Lease Inc (NYSE: GSL) closed at $22.85 down -2.06% from its previous closing price of $23.33. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 0.43 million shares were traded. GSL stock price reached its highest trading level at $23.2 during the session, while it also had its lowest trading level at $22.73.
Ratios:
For a deeper understanding of Global Ship Lease Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.38.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $22.Jefferies initiated its Buy rating on July 21, 2022, with a $22 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 05 ’24 when van Lacum Menno bought 6,000 shares for $23.79 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSL now has a Market Capitalization of 809808576 and an Enterprise Value of 1203440128. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.54, and their Forward P/E ratio for the next fiscal year is 2.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 1.716 whereas that against EBITDA is 2.653.
Stock Price History:
Over the past 52 weeks, GSL has reached a high of $30.23, while it has fallen to a 52-week low of $17.42. The 50-Day Moving Average of the stock is -6.92%, while the 200-Day Moving Average is calculated to be -5.98%.
Shares Statistics:
For the past three months, GSL has traded an average of 339.89K shares per day and 474740 over the past ten days. A total of 35.19M shares are outstanding, with a floating share count of 32.64M. Insiders hold about 7.44% of the company’s shares, while institutions hold 58.47% stake in the company. Shares short for GSL as of 1730332800 were 1406865 with a Short Ratio of 4.14, compared to 1727654400 on 1617423. Therefore, it implies a Short% of Shares Outstanding of 1406865 and a Short% of Float of 4.31.
Dividends & Splits
According to the company, the forward annual dividend rate for GSL is 1.50, from 1.575 in the trailing year. Against a Trailing Annual Dividend Yield of 0.067509644
