B. Riley Financial Inc. raised its holdings in Global Ship Lease Inc (NYSE:GSL) by 77.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 866,072 shares of the shipping company’s stock after buying an additional 377,958 shares during the quarter. B. Riley Financial Inc.’s holdings in Global Ship Lease were worth $1,005,000 as of its most recent SEC filing.
Separately, ValuEngine raised Global Ship Lease from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th.
Shares of Global Ship Lease Inc (GSL) opened at $1.13 on Thursday. The company has a market capitalization of $63.78, a P/E ratio of -1.66 and a beta of 1.11. Global Ship Lease Inc has a 1-year low of $0.97 and a 1-year high of $1.94. The company has a current ratio of 1.96, a quick ratio of 1.94 and a debt-to-equity ratio of 1.05.
Global Ship Lease Profile
Global Ship Lease, Inc is a holding company and containership charter owner. The Company’s activity consists of the ownership and chartering out of containerships. It owns a fleet of containerships with a range of sizes. Its fleet comprises over 20 containerships, with a combined capacity of over 82,310 twenty-foot equivalent unit (TEU) and a weighted average age of over 11.0 years, and a non-weighted average age of over 11.3 years.
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