Crown LNG Holdings Limited (CGBS) Stock: A Look at the Analyst Recommendations

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CGBS has 36-month beta value of -0.11.

The public float for CGBS is 1.21M, and currently, short sellers hold a 87.31% ratio of that float. The average trading volume of CGBS on December 26, 2024 was 842.68K shares.

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CGBS) stock’s latest price update

The stock of Crown LNG Holdings Limited (NASDAQ: CGBS) has increased by 2.62 when compared to last closing price of 0.28. Despite this, the company has experienced a 3.61% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-01 that LONDON, Nov. 01, 2024 (GLOBE NEWSWIRE) — Crown LNG Holdings Limited (Nasdaq: CGBS) (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, today announced the conclusion of two strategic acquisition agreements forming the basis of Crown LNG’s entry into the global LNG infrastructure network: KGLNG and Grangemouth. The KGLNG agreement finalizes the acquisition of all shares of KGLNG, which owns the operating license for the Company’s planned LNG import terminal in Kakinada, India. The Grangemouth agreement finalizes the acquisition of LNG import terminal assets in Grangemouth, Scotland from GBTron Lands Limited.

CGBS’s Market Performance

Crown LNG Holdings Limited (CGBS) has seen a 3.61% rise in stock performance for the week, with a -18.42% decline in the past month and a 3.61% surge in the past quarter. The volatility ratio for the week is 9.47%, and the volatility levels for the past 30 days are at 12.31% for CGBS. The simple moving average for the past 20 days is -3.80% for CGBS’s stock, with a -93.83% simple moving average for the past 200 days.

CGBS Trading at -12.47% 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 -97.72% of loss for the given period.

Volatility was left at 12.31%, however, over the last 30 days, the volatility rate increased by 9.47%, as shares sank -10.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.55% upper at present.

During the last 5 trading sessions, CGBS rose by +3.25%, in comparison to the 20-day moving average, which settled at $0.3015. In addition, Crown LNG Holdings Limited saw -97.39% 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 Limited (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 -5.44 million with net debt to EBITDA at -0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.22.

Conclusion

To put it simply, Crown LNG Holdings Limited (CGBS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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