Crown LNG Holdings Ltd. (CGBS) Stock: Understanding the Volatility

The stock of Crown LNG Holdings Ltd. (CGBS) has gone down by 0.00% for the week, with a -18.16% drop in the past month and a -96.56% drop in the past quarter. The volatility ratio for the week is 6.46%, and the volatility levels for the past 30 days are 10.25% for CGBS. The simple moving average for the past 20 days is -8.46% for CGBS’s stock, with a -95.57% simple moving average for the past 200 days.

Is It Worth Investing in Crown LNG Holdings Ltd. (NASDAQ: CGBS) Right Now?

The stock has a 36-month beta value of -0.20.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for CGBS is 1.36M, and at present, short sellers hold a 31.00% of that float. On September 05, 2024, the average trading volume of CGBS was 1.49M shares.

CGBS) stock’s latest price update

Crown LNG Holdings Ltd. (NASDAQ: CGBS) has experienced a rise in its stock price by 7.30 compared to its previous closing price of 0.37.

CGBS Trading at -83.82% from the 50-Day Moving Average

After a stumble in the market that brought CGBS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.87% of loss for the given period.

Volatility was left at 10.25%, however, over the last 30 days, the volatility rate increased by 6.46%, as shares sank -9.77% for the moving average over the last 20 days.

During the last 5 trading sessions, CGBS remain unchanged, in comparison to the 20-day moving average, which settled at $0.4315. In addition, Crown LNG Holdings Ltd. saw -96.43% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CGBS

The total capital return value is set at -1.08. Equity return is now at value -110.65, with -37.82 for asset returns.

Based on Crown LNG Holdings Ltd. (CGBS), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at -0.15. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is -9.74.

Currently, EBITDA for the company is -6.74 million with net debt to EBITDA at -0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.22.

Conclusion

To sum up, Crown LNG Holdings Ltd. (CGBS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts