Should You Sell Crown LNG Holdings Limited (CGBS) And Go Away This Year?

Crown LNG Holdings Limited (NASDAQ:CGBS) currently has a daily average trading volume of 2.19M but it saw 278859808 shares traded in last market. With a market cap of 5.34M USD, the company’s current market price of $0.68 came rising about 69.48 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.70 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.6201 while lowest mark touched by it was $1.25.

Taking a look at 20-day trading activity of Crown LNG Holdings Limited (CGBS) gives us an average price of $0.3261, while its current price level is -94.66% below from 52-week high level whereas it is 165.92% 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 $0.3439. A closer look into the stock’s movement over the week reveals that its volatility is standing at 62.45% during that period while stretching the period over a month that decreases to 24.42%. 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 82.40 which implies that the stock is in overbought territory.

Over the week, CGBS’s stock price is moving 139.87% up while it is 110.98% when we observe its performance for the past one month. Year-to-date it is 69.48% up and over the past year, the stock is showing a downside performance of -93.84%.

Currently, Crown LNG Holdings Limited’s total number of outstanding shares is 1.57M. Company’s return on investment (ROI) stands at -161.44% and return on equity (ROE) at -110.65%. Stock’s beta reads -0.22. Stock has a price to book (P/B) ratio of 1.18. Its return on asset (ROA) is -37.82% on average.