Ideas And Forecasts On Golar Lng (NASDAQ: GLNG)

Golar Lng (NASDAQ:GLNG) currently has a daily average trading volume of 1.67M but it saw 1593817 shares traded in last market. With a market cap of 3.49B USD, the company’s current market price of $33.39 came falling about -4.87 while comparing to the previous closing price of $35.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.36 and as low as $24.21. In the recent trading on the day, stock has struck highest price mark of $32.4001 while lowest mark touched by it was $34.37.

Taking a look at 20-day trading activity of Golar Lng (GLNG) gives us an average price of $36.23, while its current price level is -24.73% below from 52-week high level whereas it is 37.92% 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 $37.55 while that of 200 days or SMA-200 reads an average of $36.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.18% during that period while stretching the period over a month that decreases to 5.78%. 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 42.66 which implies that the stock is in neutral territory.

Over the week, GLNG’s stock price is moving -1.13% down while it is -1.91% when we observe its performance for the past one month. Year-to-date it is -21.10% down and over the past year, the stock is showing an upside performance of 32.71%.

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 5.57% of that held by the insiders while 86.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.68% and return on equity (ROE) at 2.43%. It has a price to earnings ratio (P/E ratio) of 31.49 while having a 30.98 of forward P/E ratio. Stock’s beta reads 0.65. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 13.42. Its return on asset (ROA) is 1.18% on average.