Shares of Global Ship Lease Inc New Class A (NYSE:GSL) traded at a new 52-week high today of $17.85. Approximately 506,000 shares have changed hands today, as compared to an average 30-day volume of 495,000 shares.
In the past 52 weeks, Global Ship Lease Inc New Class A share prices are bracketed by a low of $2.84 and a high of $17.85 and is now at $15.76, 456% above that low price.
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 18 containerships.
There is potential upside of 1.6% for shares of Global Ship Lease Inc New Class A based on a current price of $15.76 and an average consensus analyst price target of $16.02.
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