Shares of Global Ship Lease Inc New Class A (NYSE:GSL) traded at a new 52-week high today of $30.02. This new high was reached on below average trading volume as 621,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Global Ship Lease Inc New Class A (NYSE:GSL) defies analysts with a current price ($29.66) 1.8% above its average consensus price target of $29.12.
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company’s revenues are derived from charters to CMA CGM. Its fleet consisted of more than 40 containerships.
Global Ship Lease Inc New Class A share prices have moved between a 52-week high of $30.02 and a 52-week low of $12.52 and are now trading 137% above that low price at $29.66 per share.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer