How to Buy Global Ship Lease Stock
Global Ship Lease Inc
Global Ship Lease is a shipping company located in Marshall Islands, which is part of the Industrials sector, and is traded under the ticker GSL on the NYSE exchange.
Global Ship Lease stock last closed at $34.71, up 0.58% from the previous day, and has increased 46.64% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.63 percentage points. Global Ship Lease stock is currently +95.77% from its 52-week low of $17.73, and -2.47% from its 52-week high of $35.59.
At the moment, there are 35.77M shares of GSL outstanding. The market capitalization of GSL is $1.24B. In the last 24 hours, 786,000 GSL shares were traded.
How to Buy Global Ship Lease Stock
Not sure how to invest in Global Ship Lease stock? Here's how.
- Choose where to buy Global Ship Lease stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Global Ship Lease stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Analyze Global Ship Lease stock: The Global Ship Lease ticker symbol is GSL. Is Global Ship Lease stock a good investment? Should you buy shares of GSL? How do GSL's underlying business fundamentals look? Do top analysts think Global Ship Lease is a good buy? Why has GSL's stock price moved recently? (Hint: Our stock research website can help you understand if GSL is a good stock to buy).
- Place your GSL trade: Decide if you will purchase GSL shares at the current market price or use a limit order to purchase GSL shares at a particular price.
- Track your GSL position: Create a watchlist to keep tabs on your new investment in Global Ship Lease stock.
Step 1: Choose where to buy Global Ship Lease stock
You need an online brokerage account to access the NYSE market and buy GSL shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to buy GSL stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock trading app, you need to deposit funds:
Watch the video below to see the process of depositing money into your investment account.
Step 4: Analyze Global Ship Lease stock
After you have decided on the best place to buy Global Ship Lease stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.
Global Ship Lease quick stats
Fundamentals of Global Ship Lease
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on GSL's stock page.
Is GSL stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GSL's intrinsic value.
Using relative valuations metrics:
- GSL may be undervalued based on its P/B ratio of 0.72x, relative to Marine Shipping industry P/B ratio of 0.93x
You can access more valuation research on GSL's stock here.
A quick look at GSL Financials
Positive Financial Indicators:
- GSL's operating cash flow of $440.34M allows it to safely service it's debt of $725.35M.
- GSL profit margin has gone up from 45% to 52.4% in the past year.
- Total GSL debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the GSL balance sheet.
- GSL earnings of $444.21M is not enough to cover its interest payments.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the GSL balance sheet.
- GSL has a relatively high debt to equity ratio of 0.55.
Is it a good time to buy GSL stock, according to Wall Street analysts?
Out of 1 Equities analysts who research GSL, the consensus analyst rating on Global Ship Lease is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Global Ship Lease stock forecast page.
How is GSL performing as a company?
Last year, GSL revenue was $757.94M. Over the past five year, GSL's revenue has increased by 22% per year. This was faster than the Marine Shipping industry average of 13.55%.
Dive into GSL's earnings and revenue performance here.
What are GSL executives and large shareholders up to?
Over the past year, insiders at GSL have not bought or sold any shares.
Get more info about who owns GSL shares here.
Does GSL provide a stable income stream?
Global Ship Lease pays a dividend of 4.32%, compared to the Marine Shipping industry's average dividend yield of 21.59%. If you owned $1,000 of GSL stock, you would have been paid $43.22 in the past 12 months.
Global Ship Lease dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Global Ship Lease dividend yield and history here.
GSL Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your GSL trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Track your GSL position
Now that you own some GSL shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep tabs on your GSL stock.
GSL Feed
How to Buy Stock in Global Ship Lease
To summarize, here are the 6 steps you need to take to buy Global Ship Lease stock right now:
- Choose where to buy Global Ship Lease stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Global Ship Lease stock
- Place your GSL trade
- Track your GSL position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Global Ship Lease, get started below.
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