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How to buy Global Ship Lease stock

Own Global Ship Lease stock in just a few minutes.

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 0.00.

How to buy shares in Global Ship Lease

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GSL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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 2021-04-30.
52-week range$3.71 - $17.85
50-day moving average $14.39
200-day moving average $11.97
Wall St. target price$18.00
PE ratio 11.3339
Dividend yield $0 (0%)
Earnings per share (TTM) $1.22

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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 11x. In other words, Global Ship Lease shares trade at around 11x 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 $154.1 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 $282.8 million
Operating margin TTM 40.13%
Gross profit TTM $168.8 million
Return on assets TTM 5.4%
Return on equity TTM 9.54%
Profit margin 14.7%
Book value $25.83
Market capitalisation $502.5 million

TTM: trailing 12 months

Shorting Global Ship Lease shares

There are currently 143,230 Global Ship Lease shares held short by investors – that's known as Global Ship Lease's "short interest". This figure is 101.1% up from 71,238 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 550884.61538462). Global Ship Lease's SIR currently stands at 0.26. In other words for every 100,000 Global Ship Lease shares traded daily on the market, roughly 260 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 0.0199% of the tradable shares (for every 100,000 tradable Global Ship Lease shares, roughly 20 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 24 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 $3.71 up to $17.8499. A popular way to gauge a stock's volatility is its "beta".

GSL.US volatility(beta: 2.15)Avg. volatility(beta: 1.00)LowHigh

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 2.1511. This would suggest that Global Ship Lease's shares are significantly more volatile than the average for this exchange and represent a higher risk.

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 10, 2021, it owned 43 mid-sized and smaller containerships with an aggregate capacity of 245,280 twenty-foot equivalent units. The company is based in London, the United Kingdom. .

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