A new trading day began on Tuesday, with Flex Lng Ltd (NYSE: FLNG) stock price up 0.09% from the previous day of trading, before settling in for the closing price of $21.91. FLNG’s price has ranged from $20.85 to $31.41 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 41.85% over the last five years. Meanwhile, its annual earnings per share averaged -13.55%. With a float of $30.38 million, this company’s outstanding shares have now reached $54.09 million.
The firm has a total of 10 workers. Let’s measure their productivity. In terms of profitability, gross margin is 59.25%, operating margin of 56.7%, and the pretax margin is 25.35%.
Flex Lng Ltd (FLNG) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Flex Lng Ltd is 43.61%, while institutional ownership is 23.78%.
Flex Lng Ltd (FLNG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.55% per share during the next fiscal year.
Flex Lng Ltd (NYSE: FLNG) Trading Performance Indicators
Here are Flex Lng Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20. Likewise, its price to free cash flow for the trailing twelve months is 6.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.70, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Flex Lng Ltd (FLNG)
Analysing the last 5-days average volume posted by the [Flex Lng Ltd, FLNG], we can find that recorded value of 0.4 million was better than the volume posted last year of 0.32 million. As of the previous 9 days, the stock’s Stochastic %D was 47.65%. Additionally, its Average True Range was 0.70.
During the past 100 days, Flex Lng Ltd’s (FLNG) raw stochastic average was set at 15.61%, which indicates a significant decrease from 39.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.68% in the past 14 days, which was higher than the 29.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.00, while its 200-day Moving Average is $25.97. Now, the first resistance to watch is $22.15. This is followed by the second major resistance level at $22.37. The third major resistance level sits at $22.63. If the price goes on to break the first support level at $21.68, it is likely to go to the next support level at $21.42. Should the price break the second support level, the third support level stands at $21.20.
Flex Lng Ltd (NYSE: FLNG) Key Stats
With a market capitalization of 1.16 billion, the company has a total of 53,210K Shares Outstanding. Currently, annual sales are 371,020 K while annual income is 120,040 K. The company’s previous quarter sales were 90,480 K while its latest quarter income was 17,410 K.
