Putting The Spotlight On Cool Company Ltd (CLCO)

Cool Company Ltd (NYSE:CLCO) currently has a daily average trading volume of 264.39K but it saw 2098345 shares traded in last market. With a market cap of 5.46B USD, the company’s current market price of $9.22 came falling about -13.35 while comparing to the previous closing price of $10.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.75 and as low as $9.77. In the recent trading on the day, stock has struck highest price mark of $8.82 while lowest mark touched by it was $9.625.

Taking a look at 20-day trading activity of Cool Company Ltd (CLCO) gives us an average price of $10.38, while its current price level is -32.95% below from 52-week high level whereas it is -5.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.92 while that of 200 days or SMA-200 reads an average of $11.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that decreases to 2.86%. 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 27.46 which implies that the stock is in oversold territory.

Over the week, CLCO’s stock price is moving -13.26% down while it is -13.35% when we observe its performance for the past one month. Year-to-date it is -27.52% down and over the past year, the stock is showing a downside performance of -31.14%.

Currently, Cool Company Ltd’s total number of outstanding shares is 53.70M. Company’s return on investment (ROI) stands at 7.92% and return on equity (ROE) at 16.76%. It has a price to earnings ratio (P/E ratio) of 4.01 while having a 5.48 of forward P/E ratio. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 16.17. Its return on asset (ROA) is 5.85% on average.