FLEX LNG Ltd. (NYSE:FLNG) went up by 1.92% from its latest closing price compared to the recent 1-year high of $25.43. The company’s stock price has collected 16.29% of gains in the last five trading sessions.
Is It Worth Investing in FLEX LNG Ltd. (NYSE :FLNG) Right Now?
FLEX LNG Ltd. (NYSE:FLNG) scored a price-to-earnings ratio above its average ratio, recording 11.27 x from its present earnings ratio. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for FLEX LNG Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $22.41. FLNG currently public float of 28.26M and currently shorts hold a 0.89% ratio of that float. Today, the average trading volume of FLNG was 190.92K shares.
FLNG’s Market Performance
FLNG stocks went up by 16.29% for the week, with a monthly jump of 23.61% and a quarterly performance of 36.17%, while its annual performance rate touched 146.25%. The volatility ratio for the week stands at 6.36% while the volatility levels for the past 30 days are set at 4.48% for FLEX LNG Ltd.. The simple moving average for the period of the last 20 days is 13.22% for FLNG stocks with a simple moving average of 51.93% for the last 200 days.
FLNG Trading at 14.46% from the 50-Day Moving Average
After a stumble in the market that brought FLNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.02% of loss for the given period.
Volatility was left at 4.48%, however, over the last 30 days, the volatility rate increased by 6.36%, as shares surge +25.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.70% upper at present.
During the last 5 trading sessions, FLNG rose by +16.29%, which changed the moving average for the period of 200-days by +180.95% in comparison to the 20-day moving average, which settled at $22.26. In addition, FLEX LNG Ltd. saw 6.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FLNG
Current profitability levels for the company are sitting at:
- +45.98 for the present operating margin
- +49.81 for the gross margin
The net margin for FLEX LNG Ltd. stands at +4.93. The total capital return value is set at 4.27, while invested capital returns managed to touch 0.47.
Based on FLEX LNG Ltd. (FLNG), the company’s capital structure generated 167.81 points at debt to equity in total, while total debt to capital is 62.66. Total debt to assets is 60.83, with long-term debt to equity ratio resting at 160.09. Finally, the long-term debt to capital ratio is 59.78.
When we switch over and look at the enterprise to sales, we see a ratio of 8.58, with the company’s debt to enterprise value settled at 0.80. The receivables turnover for the company is 15.42 and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.