The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Global Ship Lease Inc (NYSE: GSL) closed at $18.25 down -4.10% from its previous closing price of $19.03. In other words, the price has decreased by -$4.10 from its previous closing price. On the day, 0.71 million shares were traded. GSL stock price reached its highest trading level at $19.5908 during the session, while it also had its lowest trading level at $18.081.
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 2.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.37.
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 652183808 and an Enterprise Value of 1189661056. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.88, and their Forward P/E ratio for the next fiscal year is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 1.686 whereas that against EBITDA is 2.648.
Stock Price History:
The Beta on a monthly basis for GSL is 1.15, which has changed by -0.15548354 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, GSL has reached a high of $30.23, while it has fallen to a 52-week low of $18.36. The 50-Day Moving Average of the stock is -18.22%, while the 200-Day Moving Average is calculated to be -23.56%.
Shares Statistics:
For the past three months, GSL has traded an average of 400.25K shares per day and 536680 over the past ten days. A total of 35.45M shares are outstanding, with a floating share count of 33.08M. Insiders hold about 7.44% of the company’s shares, while institutions hold 54.08% stake in the company. Shares short for GSL as of 1741910400 were 818734 with a Short Ratio of 2.05, compared to 1739491200 on 700651. Therefore, it implies a Short% of Shares Outstanding of 818734 and a Short% of Float of 2.4899999999999998.
Dividends & Splits
According to the company, the forward annual dividend rate for GSL is 1.65, from 1.725 in the trailing year. Against a Trailing Annual Dividend Yield of 0.09064635The current Payout Ratio is 17.06% for GSL, which recently paid a dividend on 2025-02-24 with an ex-dividend date of 1740355200. Stock splits for the company last occurred on 2019-03-25 when the company split stock in a 1:8 ratio.
