Crown LNG Holdings Ltd. (CGBS) At $0.26 Offering A Unique Opportunity

Crown LNG Holdings Ltd. (NASDAQ:CGBS) currently has a daily average trading volume of 1.49M but it saw 805271 shares traded in last market. With a market cap of 2.32M USD, the company’s current market price of $0.26 came falling about -11.93 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.70 and as low as $0.29. In the recent trading on the day, stock has struck highest price mark of $0.2605 while lowest mark touched by it was $0.2896.

Taking a look at 20-day trading activity of Crown LNG Holdings Ltd. (CGBS) gives us an average price of $0.3673, while its current price level is -97.94% below from 52-week high level whereas it is -9.78% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.84% during that period while stretching the period over a month that decreases to 7.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.01 which implies that the stock is in oversold territory.

Over the week, CGBS’s stock price is moving -26.72% down while it is -45.12% when we observe its performance for the past one month. Year-to-date it is -97.65% down and over the past year, the stock is showing a downside performance of -97.43%.

Currently, Crown LNG Holdings Ltd.’s total number of outstanding shares is 2.21M. Company’s return on investment (ROI) stands at -161.44% and return on equity (ROE) at -110.65%. Stock’s beta reads -0.18. Stock has a price to book (P/B) ratio of 0.46. Its return on asset (ROA) is -37.82% on average.