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Golar Lng (NASDAQ: GLNG) closed the day trading at $34.90 up 0.61% from the previous closing price of $34.69. In other words, the price has increased by $0.61 from its previous closing price. On the day, 0.65 million shares were traded. GLNG stock price reached its highest trading level at $35.33 during the session, while it also had its lowest trading level at $34.74.
Ratios:
For a better understanding of GLNG, let’s look at its different ratios. 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 3649388544 and an Enterprise Value of 4820535808. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.91, and their Forward P/E ratio for the next fiscal year is 16.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.61 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 16.656 whereas that against EBITDA is 28.743.
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 14.71%, while the 200-Day Moving Average is calculated to be 40.51%.
Shares Statistics:
Over the past 3-months, GLNG traded about 1.31M shares per day on average, while over the past 10 days, GLNG traded about 1283710 shares per day. 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 77.41% stake in the company. Shares short for GLNG as of 1721001600 were 3607966 with a Short Ratio of 2.75, 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
GLNG’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.028826753The stock’s 5-year Average Dividend Yield is 3.03.
