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After finishing at $24.40 in the prior trading day, Flex Lng Ltd (NYSE: FLNG) closed at $22.39, down -8.24%. In other words, the price has decreased by -$8.24 from its previous closing price. On the day, 0.85 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FLNG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 2.27 whereas as Long-Term Debt/Eq ratio is at 2.14.
On February 27, 2024, Jefferies Downgraded its rating to Underperform which previously was Hold and also lowered its target price recommendation from $32 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 17 ’25 when Sakmar Susan bought 10,338 shares for $23.39 per share.
Valuation Measures:
As of this moment, Flex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.72, and their Forward P/E ratio for the next fiscal year is 9.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.35 while its Price-to-Book (P/B) ratio in mrq is 1.54.
Stock Price History:
Over the past 52 weeks, FLNG has reached a high of $30.48, while it has fallen to a 52-week low of $19.46. The 50-Day Moving Average of the stock is -2.53%, while the 200-Day Moving Average is calculated to be -7.98%.
Shares Statistics:
A total of 54.09M shares are outstanding, with a floating share count of 30.50M. Insiders hold about 43.61% of the company’s shares, while institutions hold 25.96% stake in the company.
