Market Resilience: Golar Lng (GLNG) Finishes Weak at 41.09, Down -1.04

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Golar Lng (NASDAQ: GLNG) closed the day trading at $41.09 down -1.04% from the previous closing price of $41.52. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 0.52 million shares were traded. GLNG stock price reached its highest trading level at $41.6662 during the session, while it also had its lowest trading level at $40.91.

Ratios:

For a better understanding of GLNG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.71 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 4346582528 and an Enterprise Value of 5588203520. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.75, and their Forward P/E ratio for the next fiscal year is 40.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.67 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 21.667 whereas that against EBITDA is 62.903.

Stock Price History:

The Beta on a monthly basis for GLNG is 0.56, which has changed by 0.3263396 over the last 52 weeks, in comparison to a change of 0.111126065 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 $29.29. The 50-Day Moving Average of the stock is 2.15%, while the 200-Day Moving Average is calculated to be 6.24%.

Shares Statistics:

Over the past 3-months, GLNG traded about 1.68M shares per day on average, while over the past 10 days, GLNG traded about 995710 shares per day. A total of 104.70M shares are outstanding, with a floating share count of 88.40M. Insiders hold about 15.51% of the company’s shares, while institutions hold 76.94% stake in the company. Shares short for GLNG as of 1748563200 were 7219688 with a Short Ratio of 4.29, compared to 1745971200 on 5507398. Therefore, it implies a Short% of Shares Outstanding of 7219688 and a Short% of Float of 7.3.

Dividends & Splits

GLNG’s forward annual dividend rate is 1.00, up from 1.25 a year ago. Against a Trailing Annual Dividend Yield of 0.030105973The stock’s 5-year Average Dividend Yield is 3.03.

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