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In the latest session, Flex Lng Ltd (NYSE: FLNG) closed at $21.98 down -4.39% from its previous closing price of $22.99. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 1.04 million shares were traded. FLNG stock price reached its highest trading level at $22.76 during the session, while it also had its lowest trading level at $21.81.
Ratios:
For a deeper understanding of Flex Lng Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.19. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 2.27 whereas as Long-Term Debt/Eq ratio is at 2.14.
On February 27, 2024, Jefferies Downgraded its rating to Underperform which previously was Hold and also lowered its target price recommendation from $32 to $23.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 17 ’25 when Sakmar Susan bought 10,338 shares for $23.39 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLNG now has a Market Capitalization of 1246235264 and an Enterprise Value of 2563010048. As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.50, and their Forward P/E ratio for the next fiscal year is 10.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 287.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 7.229 whereas that against EBITDA is 9.985.
Stock Price History:
The Beta on a monthly basis for FLNG is 0.44, which has changed by -0.18863046 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, FLNG has reached a high of $28.06, while it has fallen to a 52-week low of $19.46. The 50-Day Moving Average of the stock is -7.82%, while the 200-Day Moving Average is calculated to be -8.48%.
Shares Statistics:
For the past three months, FLNG has traded an average of 388.12K shares per day and 478310 over the past ten days. A total of 54.09M shares are outstanding, with a floating share count of 30.79M. Insiders hold about 43.08% of the company’s shares, while institutions hold 25.33% stake in the company. Shares short for FLNG as of 1749772800 were 2287623 with a Short Ratio of 5.89, compared to 1747267200 on 2367709. Therefore, it implies a Short% of Shares Outstanding of 2287623 and a Short% of Float of 7.4099995000000005.
Dividends & Splits
According to the company, the forward annual dividend rate for FLNG is 3.00, from 3.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.13049152The stock’s 5-year Average Dividend Yield is 8.24.
