Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Global Ship Lease Inc (NYSE: GSL) closed the day trading at $21.34 down -0.23% from the previous closing price of $21.39. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.53 million shares were traded. GSL stock price reached its highest trading level at $21.5 during the session, while it also had its lowest trading level at $21.21.
Ratios:
For a better understanding of GSL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.89. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 758067200 and an Enterprise Value of 1149925376. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.37, and their Forward P/E ratio for the next fiscal year is 2.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 1.639 whereas that against EBITDA is 2.535.
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 $18.70. The 50-Day Moving Average of the stock is -4.51%, while the 200-Day Moving Average is calculated to be -13.45%.
Shares Statistics:
Over the past 3-months, GSL traded about 357.38K shares per day on average, while over the past 10 days, GSL traded about 290000 shares per day. A total of 35.44M shares are outstanding, with a floating share count of 32.64M. Insiders hold about 7.44% of the company’s shares, while institutions hold 58.14% stake in the company. Shares short for GSL as of 1735603200 were 920087 with a Short Ratio of 2.57, compared to 1732838400 on 1034371. Therefore, it implies a Short% of Shares Outstanding of 920087 and a Short% of Float of 2.7999999.
Dividends & Splits
GSL’s forward annual dividend rate is 1.57, up from 1.575 a year ago. Against a Trailing Annual Dividend Yield of 0.073632546
