A share price of Global Ship Lease Inc [GSL] is currently trading at $25.87, saw in change for the day. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GSL shares have gain 2.33% over the last week, with a monthly amount drifted -10.14%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Global Ship Lease Inc [NYSE: GSL] stock has seen the most recent analyst activity on July 21, 2022, when Jefferies initiated its Buy rating and assigned the stock a price target of $22. Previously, Deutsche Bank started tracking the stock with Buy rating on July 16, 2021, and set its price target to $23. On February 12, 2021, Jefferies initiated with a Buy rating and assigned a price target of $18 on the stock. B. Riley FBR started tracking the stock assigning a Buy rating and suggested a price target of $15 on September 30, 2019. Clarksons Platou initiated its recommendation with a Buy and recommended $9 as its price target on April 09, 2019. In a note dated September 18, 2014, Clarkson Capital initiated an Buy rating.
Global Ship Lease Inc experienced fluctuations in its stock price throughout the past year between $16.80 and $30.32. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Global Ship Lease Inc [NYSE: GSL] shares were valued at $25.87 at the most recent close of the market. An investor can expect a potential return of 12.1% based on the average GSL price forecast.
Analyzing the GSL fundamentals
Trailing Twelve Months sales for Global Ship Lease Inc [NYSE:GSL] were 695.07M which represents 12.73% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.54%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.28 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.68 points at the first support level, and at 25.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.04, and for the 2nd resistance point, it is at 26.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Global Ship Lease Inc [NYSE:GSL] is 1.24. Also, the Quick Ratio is 1.18, while the Cash Ratio stands at 0.86. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 2.93.
