Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $37.99 in the prior trading day, Golar Lng (NASDAQ: GLNG) closed at $37.05, down -2.47%. In other words, the price has decreased by -$2.47 from its previous closing price. On the day, 1.06 million shares were traded. GLNG stock price reached its highest trading level at $37.9 during the session, while it also had its lowest trading level at $36.7.
Ratios:
Our goal is to gain a better understanding of GLNG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.46.
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 3876244992 and an Enterprise Value of 5121930752. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.94, and their Forward P/E ratio for the next fiscal year is 34.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.89 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 19.672 whereas that against EBITDA is 36.945.
Stock Price History:
The Beta on a monthly basis for GLNG is 0.46, which has changed by 0.4749204 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, GLNG has reached a high of $44.36, while it has fallen to a 52-week low of $23.74. The 50-Day Moving Average of the stock is -3.72%, while the 200-Day Moving Average is calculated to be 0.86%.
Shares Statistics:
The stock has traded on average 1.53M shares per day over the past 3-months and 1960040 shares per day over the last 10 days, according to various share statistics. A total of 104.50M shares are outstanding, with a floating share count of 87.68M. Insiders hold about 16.19% of the company’s shares, while institutions hold 75.28% stake in the company. Shares short for GLNG as of 1741910400 were 3889629 with a Short Ratio of 2.54, compared to 1739491200 on 4665916. Therefore, it implies a Short% of Shares Outstanding of 3889629 and a Short% of Float of 3.9699999999999998.
Dividends & Splits
In the trailing 12 months, GLNG’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.026322715The stock’s 5-year Average Dividend Yield is 3.03.
