Golar LNG Limited (NASDAQ:GLNG) went down by -2.02% from its latest closing price compared to the recent 1-year high of $15.12. The company’s stock price has collected -0.53% of loss in the last five trading sessions. Press Release reported on 10/06/21 that Golar announces pricing of USD 300 million unsecured bond issue.
Is It Worth Investing in Golar LNG Limited (NASDAQ :GLNG) Right Now?
Plus, the 36-month beta value for GLNG is at 0.86. Opinions of the stock are interesting as 11 analysts out of 13 who provided ratings for Golar LNG Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $16.50, which is $3.93 above the current price. GLNG currently public float of 91.24M and currently shorts hold a 2.60% ratio of that float. Today, the average trading volume of GLNG was 988.19K shares.
GLNG’s Market Performance
GLNG stocks went down by -0.53% for the week, with a monthly jump of 13.36% and a quarterly performance of 9.65%, while its annual performance rate touched 75.91%. The volatility ratio for the week stands at 5.18% while the volatility levels for the past 30 days are set at 4.50% for Golar LNG Limited. The simple moving average for the period of the last 20 days is 6.07% for GLNG stocks with a simple moving average of 12.90% for the last 200 days.
Analysts’ Opinion of GLNG
Citigroup, on the other hand, stated in their research note that they expect to see GLNG reach a price target of $13. The rating they have provided for GLNG stocks is “Neutral” according to the report published on March 02nd, 2021.
Cowen gave a rating of “Outperform” to GLNG, setting the target price at $11 in the report published on May 29th of the previous year.
GLNG Trading at 12.99% from the 50-Day Moving Average
After a stumble in the market that brought GLNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.58% of loss for the given period.
Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 5.18%, as shares surge +16.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.80% upper at present.
During the last 5 trading sessions, GLNG fell by -0.53%, which changed the moving average for the period of 200-days by +40.39% in comparison to the 20-day moving average, which settled at $12.41. In addition, Golar LNG Limited saw 35.58% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GLNG
Current profitability levels for the company are sitting at:
- +37.61 for the present operating margin
- +47.68 for the gross margin
The net margin for Golar LNG Limited stands at -62.37. The total capital return value is set at 3.98, while invested capital returns managed to touch -10.00. Equity return is now at value 34.50, with 10.70 for asset returns.
Based on Golar LNG Limited (GLNG), the company’s capital structure generated 183.09 points at debt to equity in total, while total debt to capital is 64.67. Total debt to assets is 54.85, with long-term debt to equity ratio resting at 106.66. Finally, the long-term debt to capital ratio is 37.68.
When we switch over and look at the enterprise to sales, we see a ratio of 7.78, with the company’s debt to enterprise value settled at 0.69. The receivables turnover for the company is 12.44 and the total asset turnover is 0.10. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.