On Monday, Flex Lng Ltd (NYSE: FLNG) opened lower -5.03% from the last session, before settling in for the closing price of $24.24. Price fluctuations for FLNG have ranged from $24.16 to $32.10 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 41.85%. Company’s average yearly earnings per share was noted -6.98% at the time writing. With a float of $30.38 million, this company’s outstanding shares have now reached $53.74 million.
The extent of productivity of a business whose workforce counts for 10 workers is very important to gauge. In terms of profitability, gross margin is 59.99%, operating margin of 57.36%, and the pretax margin is 32.62%.
Flex Lng Ltd (FLNG) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Flex Lng Ltd is 43.61%, while institutional ownership is 23.68%.
Flex Lng Ltd (FLNG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -6.98% per share during the next fiscal year.
Flex Lng Ltd (NYSE: FLNG) Trading Performance Indicators
Check out the current performance indicators for Flex Lng Ltd (FLNG). In the past quarter, the stock posted a quick ratio of 2.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 6.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.21, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.46 in one year’s time.
Technical Analysis of Flex Lng Ltd (FLNG)
The latest stats from [Flex Lng Ltd, FLNG] show that its last 5-days average volume of 0.35 million was superior to 0.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.12%. Additionally, its Average True Range was 0.51.
During the past 100 days, Flex Lng Ltd’s (FLNG) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.73% in the past 14 days, which was lower than the 25.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.74, while its 200-day Moving Average is $26.56. Now, the first resistance to watch is $23.83. This is followed by the second major resistance level at $24.63. The third major resistance level sits at $25.04. If the price goes on to break the first support level at $22.62, it is likely to go to the next support level at $22.21. Assuming the price breaks the second support level, the third support level stands at $21.41.
Flex Lng Ltd (NYSE: FLNG) Key Stats
There are currently 53,210K shares outstanding in the company with a market cap of 1.20 billion. Presently, the company’s annual sales total 371,020 K according to its annual income of 120,040 K. Last quarter, the company’s sales amounted to 84,700 K and its income totaled 21,840 K.
