Golar Lng (NASDAQ: GLNG) Drops -6.08% Over A Month, But Analysts Still See Upside Potential

Golar Lng (NASDAQ:GLNG) currently has a daily average trading volume of 1.38M but it saw 2642352 shares traded in last market. With a market cap of 4.00B USD, the company’s current market price of $38.30 came rising about 2.96 while comparing to the previous closing price of $37.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.36 and as low as $23.45. In the recent trading on the day, stock has struck highest price mark of $36.75 while lowest mark touched by it was $38.6.

Taking a look at 20-day trading activity of Golar Lng (GLNG) gives us an average price of $35.79, while its current price level is -13.66% below from 52-week high level whereas it is 63.33% 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 $38.95 while that of 200 days or SMA-200 reads an average of $36.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.81% during that period while stretching the period over a month that increases to 5.02%. 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 56.49 which implies that the stock is in neutral territory.

Over the week, GLNG’s stock price is moving 17.16% up while it is -6.08% when we observe its performance for the past one month. Year-to-date it is -9.50% down and over the past year, the stock is showing an upside performance of 60.72%.

The company is expected to be releasing its next quarterly report on 2025-Feb-26, for which analysts forecasted an EPS of 0.22 while estimate for next year EPS is 1.55. In next quarter, company is expected to be making quarterly sales of $105.71M as analysts are expecting the sales for current fiscal year at $423.33M and seeing the company making $407.23M in sales next year. Moreover, analysts are in estimates of $64.62M for current-quarter revenue.

Currently, Golar Lng’s total number of outstanding shares is 104.50M with 6.27% of that held by the insiders while 86.56% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.69% and return on equity (ROE) at 2.44%. It has a price to earnings ratio (P/E ratio) of 36.12 while having a 35.52 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 15.38. Its return on asset (ROA) is 1.18% on average.