The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
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) closed the day trading at $21.83 down -1.93% from the previous closing price of $22.26. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.58 million shares were traded. GSL stock price reached its highest trading level at $22.42 during the session, while it also had its lowest trading level at $21.815.
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 1.88. 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 788899072 and an Enterprise Value of 1167291136. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.42, and their Forward P/E ratio for the next fiscal year is 2.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.20. 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 0.56. Its current Enterprise Value per Revenue stands at 1.664 whereas that against EBITDA is 2.573.
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 $17.64. The 50-Day Moving Average of the stock is -10.77%, while the 200-Day Moving Average is calculated to be -10.24%.
Shares Statistics:
Over the past 3-months, GSL traded about 341.35K shares per day on average, while over the past 10 days, GSL traded about 472490 shares per day. 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 4.12, 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
GSL’s forward annual dividend rate is 1.57, up from 1.575 a year ago. Against a Trailing Annual Dividend Yield of 0.07075472
