Global Ship Lease traded at $42.29 this Tuesday November 10th, increasing $1.08 or 2.62 percent since the previous trading session. Looking back, over the last four weeks, Global Ship Lease gained 5.43 percent. Over the last 12 months, its price rose by 33.49 percent. Looking ahead, we forecast Global Ship Lease to be priced at 41.45 by the end of this quarter and at 39.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
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. The Company owns a fleet of mid-sized and smaller containerships. The Company's fleet consists of 43 containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with a total capacity of 245,280 TEU and an average age, weighted by TEU capacity, of 13.4 years. 25 ships are Post-Panamax, of which nine are wide beam.