For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $32.84 in the prior trading day, Golar Lng (NASDAQ: GLNG) closed at $33.06, up 0.67%. In other words, the price has increased by $0.67 from its previous closing price. On the day, 0.62 million shares were traded. GLNG stock price reached its highest trading level at $33.18 during the session, while it also had its lowest trading level at $32.72.
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 3438240256 and an Enterprise Value of 4665584128. As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.17, and their Forward P/E ratio for the next fiscal year is 16.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.50 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 16.869 whereas that against EBITDA is 22.847.
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 2.84%, while the 200-Day Moving Average is calculated to be 29.86%.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1231900 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 73.03% stake in the company. Shares short for GLNG as of 1722384000 were 3864061 with a Short Ratio of 2.80, compared to 1719532800 on 3752182. Therefore, it implies a Short% of Shares Outstanding of 3864061 and a Short% of Float of 3.94.
Dividends & Splits
In the trailing 12 months, GLNG’s forward annual dividend rate was 1.0, compared to 0.75 this year. Against a Trailing Annual Dividend Yield of 0.03045067The stock’s 5-year Average Dividend Yield is 3.03.
