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The price of Golar Lng (NASDAQ: GLNG) closed at $35.36 in the last session, down -0.51% from day before closing price of $35.54. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 1.15 million shares were traded. GLNG stock price reached its highest trading level at $36.06 during the session, while it also had its lowest trading level at $35.19.
Ratios:
We take a closer look at GLNG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.41.
BofA Securities Upgraded its Neutral to Buy on September 29, 2022, whereas the target price for the stock was revised from $23 to $29.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLNG now has a Market Capitalization of 3697489152 and an Enterprise Value of 4890205184. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.34, and their Forward P/E ratio for the next fiscal year is 16.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.78 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 16.897 whereas that against EBITDA is 29.159.
Stock Price History:
Over the past 52 weeks, GLNG has reached a high of $36.52, while it has fallen to a 52-week low of $19.94. The 50-Day Moving Average of the stock is 18.81%, while the 200-Day Moving Average is calculated to be 43.69%.
Shares Statistics:
According to the various share statistics, GLNG traded on average about 1.29M shares per day over the past 3-months and 1487190 shares per day over the past 10 days. A total of 104.58M shares are outstanding, with a floating share count of 93.22M. Insiders hold about 10.85% of the company’s shares, while institutions hold 77.34% stake in the company. Shares short for GLNG as of 1721001600 were 3607966 with a Short Ratio of 2.79, compared to 1718323200 on 4644555. Therefore, it implies a Short% of Shares Outstanding of 3607966 and a Short% of Float of 3.6799999999999997.
Dividends & Splits
The forward annual dividend rate for GLNG is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02813731The stock’s 5-year Average Dividend Yield is 3.03.
