Global Ship Lease Inc (GSL) stock has gained 20.26% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With GSL Stock Today?
Global Ship Lease Inc (GSL) stock is up 7.45% while the S&P 500 is down -0.53% as of 9:58 AM on Monday, Jan 11. GSL has risen $0.98 from the previous closing price of $13.15 on volume of 25,746 shares. Over the past year the S&P 500 has gained 15.70% while GSL has risen 62.98%. GSL earned $1.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.87.
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.