For the readers interested in the stock health of Golar LNG Limited (GLNG). It is currently valued at $12.85. When the transactions were called off in the previous session, Stock hit the highs of $13.65, after setting-off with the price of $13.63. Company’s stock value dipped to $12.77 during the trading on the day. When the trading was stopped its value was $13.22.
Recently in News on June 8, 2021, 2021 Annual General Meeting. Golar LNG Limited advises that its 2021 Annual General Meeting will be held on August 10, 2021. The record date for voting at the Annual General Meeting is set to June 16, 2021. The notice, agenda and associated material will be distributed prior to the meeting. You can read further details here
Golar LNG Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.12 on 01/13/21, with the lowest value was $9.26 for the same time period, recorded on 04/13/21.
Golar LNG Limited (GLNG) full year performance was 66.29%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Golar LNG Limited shares are logging -15.04% during the 52-week period from high price, and 126.83% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.66 and $15.12.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 615610 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Golar LNG Limited (GLNG) recorded performance in the market was 37.14%, having the revenues showcasing 14.26% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.42B, as it employees total of 1703 workers.
The Analysts eye on Golar LNG Limited (GLNG)
During the last month, 11 analysts gave the Golar LNG Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 11.46, with a change in the price was noted +1.57. In a similar fashion, Golar LNG Limited posted a movement of +13.99% for the period of last 100 days, recording 1,630,524 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GLNG is recording 1.80 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.77.
Technical rundown of Golar LNG Limited (GLNG)
Raw Stochastic average of Golar LNG Limited in the period of last 50 days is set at 77.38%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 58.03%. In the last 20 days, the company’s Stochastic %K was 73.15% and its Stochastic %D was recorded 80.24%.
Considering, the past performance of Golar LNG Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 37.14%. Additionally, trading for the stock in the period of the last six months notably improved by 35.31%, alongside a boost of 66.29% for the period of the last 12 months. The shares increased approximately by 1.69% in the 7-day charts and went down by 12.70% in the period of the last 30 days. Common stock shares were driven by 14.26% during last recorded quarter.