Investors Getting Picky When It Comes To Buying Crown LNG Holdings Ltd . (CGBS)

Crown LNG Holdings Ltd . (NASDAQ:CGBS) does about 1.34M shares in volume on a normal day but saw 1750728 shares change hands in the recent trading day. The company now has a market cap of 2.34M USD. Its current market price is $0.26, marking a decrease of -8.43% compared to the previous close of $0.29. The 52 week high reached by this stock is $12.70 whilst the lowest price level in 52 weeks is $0.25.

Crown LNG Holdings Ltd . (CGBS) has a 20-day trading average at $0.2832 and the current price is -97.92% off the 52-week high compared with 3.49% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3569. If we look at the stock’s price movements over the week, volatility stands at 13.09%, which decreases to 10.69% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.62 to suggest the stock is neutral.

The current price level is -6.83%, -26.06%, and -96.43% away from its SMA20, SMA50, and SMA200 respectively, with the CGBS price moving above the 50-day SMA on current market day. Crown LNG Holdings Ltd . (CGBS) stock is up 0.88% over the week and -15.44% over the past month. Its price is -97.63% year-to-date and -97.42% over the past year.

The company has a return on investment of -161.44% and return on equity of -110.65%. The beta has a value of -0.22. Price to book ratio is 0.46.