Cool Company Ltd (NYSE:CLCO) does about 319.14K shares in volume on a normal day but saw 711214 shares change hands in the recent trading day. The company now has a market cap of 434.43M USD. Its current market price is $8.09, marking a decrease of -4.60% compared to the previous close of $8.48. The 52 week high reached by this stock is $13.68 whilst the lowest price level in 52 weeks is $8.44.
Cool Company Ltd (CLCO) has a 20-day trading average at $10.07 and the current price is -40.86% off the 52-week high compared with -4.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.75 and its 200-day simple moving average is $11.33. If we look at the stock’s price movements over the week, volatility stands at 5.85%, which decreases to 3.43% 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 19.58 to suggest the stock is oversold.
The consensus objective for the share price is $12.53, suggesting that the stock has a potential upside of 35.43% over the period.
The current price level is -19.63%, -24.72%, and -28.62% away from its SMA20, SMA50, and SMA200 respectively, with the CLCO price moving above the 50-day SMA on current market day. Cool Company Ltd (CLCO) stock is down -24.81% over the week and -23.61% over the past month. Its price is -36.40% year-to-date and -39.76% over the past year.
To reach the target analysts have set, the stock logically needs to grow 35.43 percent from here.
Outstanding shares total 53.70M with insiders holding 58.39% of the shares and institutional holders owning 23.18% of the company’s common stock. The company has a return on investment of 5.95% and return on equity of 12.57%. The price to earnings ratio (P/E ratio) amounts to 4.68 while the forward price to earnings ratio is 5.58. The beta has a value of 0.35. Price to book ratio is 0.59 and price to sales ratio is 1.30.
