A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Crown LNG Holdings Limited’s current trading price is -95.51% away from its 52-week high, while its distance from the 52-week low is 123.41%. The stock’s price range for this time frame has been between $0.25 and $12.70. The trading volume of the company’s shares in the Energy reached around 5.54 million for the day, which was evidently lower than the average daily volume of 15.48 million over the last three months.
Crown LNG Holdings Limited’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Crown LNG Holdings Limited (CGBS) has experienced a quarterly rise of 96.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 262.16M and boasts a workforce of 4 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3853, with a change in price of +0.1842. Similarly, Crown LNG Holdings Limited recorded 9,699,263 in trading volume during the last 100 days, posting a change of +47.78%.
How CGBS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CGBS stands at 1.33. Similarly, the long-term debt-to-equity ratio is also 0.00.
CGBS Stock Stochastic Average
Crown LNG Holdings Limited’s raw stochastic average for the past 50 days is currently at 31.14%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 30.30%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.91% and 43.81%, respectively.
CGBS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 42.39%. However, over the last six months, the performance has been stronger by -36.20%. The price of CGBS increased 102.02% over the last 30 days. And in the last five days, it has fallen by -23.99%.
