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The closing price of Golar Lng (NASDAQ: GLNG) was $38.29 for the day, down -0.36% from the previous closing price of $38.43. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 0.58 million shares were traded. GLNG stock price reached its highest trading level at $39.23 during the session, while it also had its lowest trading level at $38.29.
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 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 3982160128 and an Enterprise Value of 5209519616. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.11, and their Forward P/E ratio for the next fiscal year is 18.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.48 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 18.836 whereas that against EBITDA is 25.511.
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 10.81%, while the 200-Day Moving Average is calculated to be 35.74%.
Shares Statistics:
GLNG traded an average of 1.24M shares per day over the past three months and 800720 shares per day over the past ten days. 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 72.84% stake in the company. Shares short for GLNG as of 1727654400 were 4392762 with a Short Ratio of 3.54, compared to 1724976000 on 3618884. Therefore, it implies a Short% of Shares Outstanding of 4392762 and a Short% of Float of 4.5100003.
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 0.026021337The stock’s 5-year Average Dividend Yield is 3.03.
