Shares of Global Ship Lease Inc New Class A (NYSE:GSL) traded at a new 52-week high today of $28.58. Approximately 745,000 shares have changed hands today, as compared to an average 30-day volume of 846,000 shares.
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.
In the past 52 weeks, shares of Global Ship Lease Inc New Class A have traded between a low of $12.11 and a high of $28.58 and is now at $28.25, which is 133% above that low price.
Based on a current price of $28.25, Global Ship Lease Inc New Class A is currently 52.1% above its average consensus analyst price target of $13.53.
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