The market has been high on Global Ship Lease Inc (GSL) stock recently. GSL gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GSL Stock Today?
Global Ship Lease Inc (GSL) stock is higher by 1.96% while the S&P 500 has fallen -0.89% as of 10:29 AM on Friday, Feb 26. GSL is higher by $0.30 from the previous closing price of $15.02 on volume of 186,100 shares. Over the past year the S&P 500 is up 21.78% while GSL is higher by 134.10%. GSL earned $1.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.6.
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More About Global Ship Lease Inc
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.
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