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After finishing at $36.45 in the prior trading day, Golar Lng (NASDAQ: GLNG) closed at $34.88, down -4.31%. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 1.3 million shares were traded. GLNG stock price reached its highest trading level at $36.29 during the session, while it also had its lowest trading level at $34.85.
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 1.24 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.40.
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 3627520000 and an Enterprise Value of 4918550016. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.89, and their Forward P/E ratio for the next fiscal year is 20.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.30 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 17.942 whereas that against EBITDA is 60.664.
Stock Price History:
Over the past 52 weeks, GLNG has reached a high of $39.40, while it has fallen to a 52-week low of $19.94. The 50-Day Moving Average of the stock is -3.45%, while the 200-Day Moving Average is calculated to be 17.93%.
Shares Statistics:
The stock has traded on average 1.11M shares per day over the past 3-months and 1184870 shares per day over the last 10 days, according to various share statistics. 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 72.67% stake in the company. Shares short for GLNG as of 1730332800 were 5287277 with a Short Ratio of 4.76, compared to 1727654400 on 4392762. Therefore, it implies a Short% of Shares Outstanding of 5287277 and a Short% of Float of 5.43.
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 0.02743484The stock’s 5-year Average Dividend Yield is 3.03.
