Revenue Update on Global Ship Lease Inc(NYSE:GSL)

Global Ship Lease Inc(NYSE:GSL) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Earnings per share were $0.13.

Global Ship Lease Inc (GSL) made into the market gainers list on Thursdays trading session with the shares advancing 0.63% or 0.01 points. Due to strong positive momentum, the stock ended at $1.6, which is also near the day’s high of $1.66. The stock began the session at $1.61 and the volume stood at 30,067 shares. The 52-week high of the shares is $6.4 and the 52 week low is $1.02. The company has a current market capitalization of $88 M and it has 5,49,64,503 shares in outstanding.

Global Ship Lease Inc. is a holding company. The Company is a containership charter owner. The Company owns a fleet of modern containerships of a range of sizes. The Company’s wholly owned subsidiary is Global Ship Lease Services Limited. As of March 11 2015 the Company’s fleet comprises 19 containerships with a combined capacity of 82475 twenty-foot equivalent unit (TEU) and a weighted average age of 10.8 years. The Company’s vessels include Ville d’Orion Ville d’Aquarius CMA CGM Matisse CMA CGM Utrillo Delmas Keta Julie Delmas Kumasi Marie Delmas CMA CGM La Tour CMA CGM Manet CMA CGM Alcazar CMA CGM Chateau d’If CMA CGM Sambhar CMA CGM Jamaica CMA CGM America CMA CGM Thalassa CMA CGM Berlioz and OOCL Tianjin.

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