|Bid||20.34 x 900|
|Ask||20.32 x 3000|
|Day's Range||19.80 - 22.02|
|52 Week Range||4.02 - 22.02|
|Beta (5Y Monthly)||2.15|
|PE Ratio (TTM)||16.63|
|Earnings Date||May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 23, 2019|
|1y Target Est||21.67|
5,470 TEU containerships with best-in-class reefer capability to be employed on three-year charters with leading liner operatorLONDON, June 16, 2021 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “Global Ship Lease”) announced today that it has agreed to purchase four 5,470 TEU Panamax containerships with an average age of approximately 11 years for an aggregate purchase price of $148 million. On delivery, the ships will be chartered to a leading liner operator for a f
The shipping industry includes companies that transport cargo around the world, from grains to apparel to electronics to appliances. In the past year, the shipping industry has underperformed the broader market. The benchmark Dow Jones U.S. Marine Transportation Index has provided a 1-year trailing total return of 21.5% compared with 44.4% for the iShares Russell 1000 ETF (IWB).
Global Ship Lease (GSL) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.