Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Golar Lng (NASDAQ: GLNG) was $40.17 for the day, up 1.67% from the previous closing price of $39.51. In other words, the price has increased by $1.67 from its previous closing price. On the day, 1.01 million shares were traded. GLNG stock price reached its highest trading level at $40.58 during the session, while it also had its lowest trading level at $39.5101.
Ratios:
Our analysis of GLNG’s different ratios will help us gain a deeper understanding of the company. 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 4202665472 and an Enterprise Value of 5448352768. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.88, and their Forward P/E ratio for the next fiscal year is 39.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.14 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 20.925 whereas that against EBITDA is 39.299.
Stock Price History:
The Beta on a monthly basis for GLNG is 0.61, which has changed by 0.6003984 over the last 52 weeks, in comparison to a change of 0.07545352 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 $24.42. The 50-Day Moving Average of the stock is 8.69%, while the 200-Day Moving Average is calculated to be 8.02%.
Shares Statistics:
GLNG traded an average of 1.76M shares per day over the past three months and 1583460 shares per day over the past ten days. 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 75.31% stake in the company. Shares short for GLNG as of 1743379200 were 5681287 with a Short Ratio of 3.24, compared to 1740700800 on 4667183. Therefore, it implies a Short% of Shares Outstanding of 5681287 and a Short% of Float of 5.75.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, GLNG has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.025310049The stock’s 5-year Average Dividend Yield is 3.03.
