Golar Lng (GLNG) concluded trading on Thursday at a closing price of $35.59, with 2.95 million shares of worth about $105.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.60% during that period and on September 26, 2024 the price saw a gain of about 2.01%. Currently the company’s common shares owned by public are about 104.58M shares, out of which, 93.22M shares are available for trading.
Stock saw a price change of 3.52% in past 5 days and over the past one month there was a price change of 8.28%. Year-to-date (YTD), GLNG shares are showing a performance of 54.81% which increased to 52.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.94 but also hit the highest price of $36.52 during that period. The average intraday trading volume for Golar Lng shares is 1.26 million. The stock is currently trading 8.69% above its 20-day simple moving average (SMA20), while that difference is up 7.07% for SMA50 and it goes to 32.17% higher than SMA200.
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Golar Lng (NASDAQ: GLNG) currently have 104.58M outstanding shares and institutions hold larger chunk of about 72.99% of that.
The stock has a current market capitalization of $3.72B and its 3Y-monthly beta is at 0.57. PE ratio of stock for trailing 12 months is 33.56, while it has posted earnings per share of $1.06 in the same period. It has Quick Ratio of 1.24 while making debt-to-equity ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GLNG, volatility over the week remained 2.75% while standing at 2.51% over the month.
Stock’s fiscal year EPS is expected to drop by -38.98% while it is estimated to increase by 27.77% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on September 25, 2023 offering a Neutral rating for the stock and assigned a target price of $27 to it. On September 29, 2022, BofA Securities Upgrade their recommendations, while on April 27, 2022, Jefferies Resumed their ratings for the stock with a price target of $27. Stock get a Neutral rating from BofA Securities on March 03, 2022.
