Flex Lng Ltd (NYSE: FLNG) kicked off on Tuesday, up 3.72% from the previous trading day, before settling in for the closing price of $23.93. Over the past 52 weeks, FLNG has traded in a range of $22.80-$31.71.
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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%. While this was happening, its average annual earnings per share was recorded -9.81%. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Flex Lng Ltd is 43.61%, while institutional ownership is 23.73%.
Flex Lng Ltd (FLNG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -9.81% per share during the next fiscal year.
Flex Lng Ltd (NYSE: FLNG) Trading Performance Indicators
Take a look at Flex Lng Ltd’s (FLNG) current performance indicators. Last quarter, stock had a quick ratio of 2.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.62. Likewise, its price to free cash flow for the trailing twelve months is 6.95.
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 2.30 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 0.45 million was superior to 0.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.53%. Additionally, its Average True Range was 0.63.
During the past 100 days, Flex Lng Ltd’s (FLNG) raw stochastic average was set at 36.99%, which indicates a significant decrease from 82.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.90% in the past 14 days, which was higher than the 24.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.39, while its 200-day Moving Average is $26.38. Now, the first resistance to watch is $25.51. This is followed by the second major resistance level at $26.20. The third major resistance level sits at $27.16. If the price goes on to break the first support level at $23.87, it is likely to go to the next support level at $22.91. The third support level lies at $22.22 if the price breaches the second support level.
Flex Lng Ltd (NYSE: FLNG) Key Stats
The company with the Market Capitalisation of 1.31 billion has total of 53,210K Shares Outstanding. Its annual sales at the moment are 371,020 K in contrast with the sum of 120,040 K annual income. Company’s last quarter sales were recorded 84,700 K and last quarter income was 21,840 K.
