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How to buy Global Ship Lease stock | $11.15
Own Global Ship Lease stock in just a few minutes.
Fact checked
Global Ship Lease, Inc is a marine shipping business based in the US. Global Ship Lease shares (GSL) are listed on the NYSE and all prices are listed in US Dollars. Global Ship Lease employs 7 staff and has a trailing 12-month revenue of around USD$280.4 million.
How to buy shares in Global Ship Lease
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Global Ship Lease. Find the stock by name or ticker symbol: GSL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Global Ship Lease reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$11.15, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Global Ship Lease, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Global Ship Lease. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- GSL shares summary
- Compare share dealing platforms
- Is GSL stock a buy or sell?
- Stock performance over time
- Can I short GSL shares?
- Are GSL shares over-valued?
- Global Ship Lease's financials
- How volatile are GSL shares?
- Does Global Ship Lease pay a dividend?
- Have GSL shares ever split?
- Other common questions
Global Ship Lease share price
Use our graph to track the performance of GSL stocks over time.Global Ship Lease shares at a glance
Information last updated 2020-12-26.
| Latest market close | USD$11.15 |
|---|---|
| 52-week range | USD$2.61 - USD$11.46 |
| 50-day moving average | USD$9.7388 |
| 200-day moving average | USD$6.5544 |
| Wall St. target price | USD$11 |
| PE ratio | 13.2333 |
| Dividend yield | N/A (7.16%) |
| Earnings per share (TTM) | USD$0.866 |
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Is it a good time to buy Global Ship Lease stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Global Ship Lease price performance over time
Historical closes compared with the close of $11.15 from 2020-12-18
| 1 week (2021-01-08) | -15.21% |
|---|---|
| 1 month (2020-12-16) | 5.89% |
| 3 months (2020-10-16) | 48.87% |
| 6 months (2020-07-16) | 161.12% |
| 1 year (2020-01-16) | 32.34% |
|---|---|
| 2 years (2019-01-16) | 1,293.75% |
| 3 years (2018-01-16) | 821.49% |
| 5 years (2016-01-15) | 522.91% |
Is Global Ship Lease under- or over-valued?
Valuing Global Ship Lease stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Global Ship Lease's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Global Ship Lease's P/E ratio
Global Ship Lease's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Global Ship Lease shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Global Ship Lease's EBITDA
Global Ship Lease's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$157.2 million.
The EBITDA is a measure of a Global Ship Lease's overall financial performance and is widely used to measure a its profitability.
Global Ship Lease financials
| Revenue TTM | USD$280.4 million |
|---|---|
| Operating margin TTM | 41.01% |
| Gross profit TTM | USD$164.3 million |
| Return on assets TTM | 5.61% |
| Return on equity TTM | 9.73% |
| Profit margin | 13.66% |
| Book value | $24.558 |
| Market capitalisation | USD$206.2 million |
TTM: trailing 12 months
Shorting Global Ship Lease shares
There are currently 3,949 Global Ship Lease shares held short by investors – that's known as Global Ship Lease's "short interest". This figure is 48.7% down from 7,697 last month.
There are a few different ways that this level of interest in shorting Global Ship Lease shares can be evaluated.
Global Ship Lease's "short interest ratio" (SIR)
Global Ship Lease's "short interest ratio" (SIR) is the quantity of Global Ship Lease shares currently shorted divided by the average quantity of Global Ship Lease shares traded daily (recently around 78980). Global Ship Lease's SIR currently stands at 0.05. In other words for every 100,000 Global Ship Lease shares traded daily on the market, roughly 50 shares are currently held short.
However Global Ship Lease's short interest can also be evaluated against the total number of Global Ship Lease shares, or, against the total number of tradable Global Ship Lease shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Global Ship Lease's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Global Ship Lease shares in existence, roughly 0 shares are currently held short) or 0.0004% of the tradable shares (for every 100,000 tradable Global Ship Lease shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Global Ship Lease.
Find out more about how you can short Global Ship Lease stock.
Global Ship Lease share dividends
We're not expecting Global Ship Lease to pay a dividend over the next 12 months.
Have Global Ship Lease's shares ever split?
Global Ship Lease's shares were split on a 1:8 basis on 25 March 2019. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Global Ship Lease shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Global Ship Lease shares which in turn could have impacted Global Ship Lease's share price.
Global Ship Lease share price volatility
Over the last 12 months, Global Ship Lease's shares have ranged in value from as little as $2.61 up to $11.46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Global Ship Lease's is 1.978. This would suggest that Global Ship Lease's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Global Ship Lease overview
Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 31, 2020, it owned 45 containerships with an aggregate capacity of 248,968 twenty-foot equivalent units. The company is based in London, the United Kingdom.
Frequently asked questions
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