Zacks: Global Ship Lease, Inc. (GSL) Given Consensus Rating of “” by Brokerages
Global Ship Lease, Inc. (NYSE:GSL) has earned an average broker rating score of 0.00 () from the zero brokers that cover the stock, Zacks Investment Research reports.
Zacks has also assigned Global Ship Lease an industry rank of 173 out of 265 based on the ratings given to its competitors.
An institutional investor recently raised its position in Global Ship Lease stock. Renaissance Technologies LLC increased its position in shares of Global Ship Lease, Inc. (NYSE:GSL) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,205,700 shares of the shipping company’s stock after buying an additional 94,000 shares during the period. Renaissance Technologies LLC owned approximately 2.19% of Global Ship Lease worth $1,809,000 at the end of the most recent quarter. Institutional investors own 5.34% of the company’s stock.
Shares of Global Ship Lease (NYSE:GSL) traded up 1.83% on Tuesday, hitting $1.11. The company’s stock had a trading volume of 32,654 shares. The firm’s market cap is $61.03 million. The stock’s 50-day moving average price is $1.25 and its 200-day moving average price is $1.34. Global Ship Lease has a 52 week low of $0.97 and a 52 week high of $4.50.
Global Ship Lease (NYSE:GSL) last released its earnings results on Monday, July 31st. The shipping company reported $0.13 earnings per share for the quarter. The firm had revenue of $40.26 million during the quarter. Global Ship Lease had a positive return on equity of 1.96% and a negative net margin of 38.68%. Equities analysts expect that Global Ship Lease will post $0.35 earnings per share for the current fiscal year.
Global Ship Lease Company Profile
Global Ship Lease, Inc is a holding company and containership charter owner. The Company’s activity consists of the ownership and chartering out of containerships. It owns a fleet of containerships with a range of sizes. Its fleet comprises over 20 containerships, with a combined capacity of over 82,310 twenty-foot equivalent unit (TEU) and a weighted average age of over 11.0 years, and a non-weighted average age of over 11.3 years.
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