Cool Company Ltd (NYSE: CLCO) Emerges As Guiding Light For Investors

Cool Company Ltd (NYSE:CLCO) currently has a daily average trading volume of 324.36K but it saw 153500 shares traded in last market. With a market cap of 440.88M USD, the company’s current market price of $8.21 came falling about -0.61 while comparing to the previous closing price of $8.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.68 and as low as $6.92. In the recent trading on the day, stock has struck highest price mark of $8.18 while lowest mark touched by it was $8.33.

Taking a look at 20-day trading activity of Cool Company Ltd (CLCO) gives us an average price of $7.67, while its current price level is -39.99% below from 52-week high level whereas it is 18.57% 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 $8.76 while that of 200 days or SMA-200 reads an average of $10.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.00% during that period while stretching the period over a month that decreases to 3.69%. 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 52.34 which implies that the stock is in neutral territory.

Over the week, CLCO’s stock price is moving 3.27% up while it is 10.05% when we observe its performance for the past one month. Year-to-date it is 3.27% up and over the past year, the stock is showing a downside performance of -34.74%.

Currently, Cool Company Ltd’s total number of outstanding shares is 53.70M. Company’s return on investment (ROI) stands at 5.95% and return on equity (ROE) at 12.57%. It has a price to earnings ratio (P/E ratio) of 4.75 while having a 6.16 of forward P/E ratio. Stock’s beta reads 0.27. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 1.32. Its return on asset (ROA) is 4.49% on average.