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CGBS’s Debt-to-Equity Ratio at 1.33: What It Means for Crown LNG Holdings Limited’s Future

ZM Stock

The market performance of Crown LNG Holdings Limited’s stock has been turbulent in recent times.

52-week price history of CGBS Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Crown LNG Holdings Limited’s current trading price is -97.12% away from its 52-week high, while its distance from the 52-week low is 43.53%. The stock’s price range during the 52-week period has remained between $0.25 and $12.70. In the Energy sector, the company’s shares saw a trading volume of around 36.24 million for the day, which was evidently higher than the average daily volume of 15.82 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Crown LNG Holdings Limited (CGBS) has experienced a quarterly decline of -34.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 168.84M and boasts a workforce of 4 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3911, with a change in price of +0.0650. Similarly, Crown LNG Holdings Limited recorded 10,288,616 in trading volume during the last 100 days, posting a change of +23.93%.

Examining CGBS’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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

As of today, Crown LNG Holdings Limited’s raw stochastic average for the last 50 days stands at 7.55%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 10.61%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.47% and 3.08%, 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 a decrease of -8.52%. However, over the last six months, the performance has been stronger by -27.81%. The price of CGBS decreased -51.17% over the last 30 days. And in the last five days, it has surged by 15.75%.

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