Global Ship Lease, Inc. (GSL) Stock: Seeing Declines In Today’s Session

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Global Ship Lease, Inc. (GSL) is working its way for to the bottom in the market today. The stock, one that is focused in the service sector, is presently trading at $5.80 after falling 0.69% so far in today’s session. In terms of service sector companies, there are quite a few aspects that have the ability to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories relating to GSL:

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Mar-21-19 04:14PM Global Ship Lease to Present at Sidoti & Company Spring 2019 Conference
Mar-20-19 04:15PM Global Ship Lease, Inc. Announces Reverse Stock Split to be Effective March 25, 2019
Mar-18-19 04:15PM Global Ship Lease Announces New Long-Term Charter Agreement
Mar-13-19 01:28PM Leading Company Executives Discuss Current Challenges in Shipping Today IMO 2020 & Beyond and Consolidation, Growth & M&A Panels Capital Links 13th Annual International Shipping Forum Monday, April 1, 2019 in NYC
01:07PM Dry Bulk and Container Sector Panel Discussions With Major Company Executives Capital Links 13th Annual International Shipping Forum Monday, April 1, 2019 in NYC

However, when making a decision to invest, prospective investors should look at far more than news, especially in the ever complex service space. Here’s what’s happing when it comes to Global Ship Lease, Inc..

Trends That We’ve Seen From GSL

While a decline in a single session, like the fall that we’re seeing from Global Ship Lease, Inc. might make some investors fearful, a single session move by itself shouldn’t be the basis of a decision to, or not to, invest in a stock. It is always important to look at trends experienced by the stock just a single session. When it comes to GSL, below are the movements that we’ve seen:

  • Past 5 Sessions – Throughout the past week, GSL has generated a change in price that amounts to -7.70%.
  • Past Month – The return on investment from Global Ship Lease, Inc. in the last month comes to -10.01%.
  • Past Three Months – Over the past 3 months, the company has produced a return on investment that works out to 22.01%
  • Bi-Annually – Over the last six months, investors have seen a performance of -30.77% from the company.
  • Year To Date – Since the the first trading session of this year GSL has resulted in a ROI of 16.13%.
  • Annually – Finally, throughout the past year, investors have seen a change of -28.71% out of GSL. Throughout this period of time, the stock has traded at a high price of -52.61% and a low price of 44.94%.

Ratios Of Note

Looking at a few key ratios having to do with a company generally gives investors a look of how risky and/or potentially profitable a an investment option may be. Here are a few of the important ratios to look at when looking at GSL.

Short Ratio – The short ratio is a tool that’s used to measure the level of short interest. The higher this short ratio, the more investors are expecting that the stock is headed for declines. In general, strong service sector stocks can come with a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, in relation to Global Ship Lease, Inc., the stock’s short ratio amounts to 1.95.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they come due using current assets or quick assets. come with great quick and current ratios. As it relates to GSL, the quick and current ratios add up to 1.00 and 1.00 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this case, that ratio comes in at 4.63.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of the company’s stock. In this case, the cash to share value ratio works out to 0.99.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in GSL, here’s what we’re seeing:

Institutions own 4.40% of the company. Institutional interest has moved by -20.02% over the past three months. When it comes to insiders, those who are close to the company currently own 79.00% percent of GSL shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About Global Ship Lease, Inc.

Although it’s rarely a good idea to blindly follow the thoughts of analysts, it is a smart idea to consider their analysis when validating your own thoughts when it comes to making investment decisions in the service space. Here are the most recent moves that we’ve seen from analysts when it comes to GSL.

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Feb-20-15 Initiated Global Hunter Securities Neutral
Sep-18-14 Initiated Clarkson Capital Buy
Apr-17-13 Initiated Global Hunter Securities Buy $7

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, GSL has generated revenue in the amount of $1.90% with earnings coming in at -30.10%. On a quarter over quarter basis, earnings have seen movement of 39.80% and revenue has seen movement of 31.90%.

A Look At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 82.78M shares of Global Ship Lease, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, GSL has a float of 35.73M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to GSL, the short percent of the float is 0.04%.

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