Flex Lng Ltd (NYSE: FLNG) on Friday, soared 5.74% from the previous trading day, before settling in for the closing price of $24.55. Within the past 52 weeks, FLNG’s price has moved between $20.85 and $30.77.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 38.47%. The company achieved an average annual earnings per share of -13.55%. With a float of $30.38 million, this company’s outstanding shares have now reached $54.09 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 59.25%, operating margin of 56.7%, and the pretax margin is 25.35%.
Flex Lng Ltd (FLNG) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Flex Lng Ltd is 43.61%, while institutional ownership is 23.91%.
Flex Lng Ltd (FLNG) Latest Financial update
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
Flex Lng Ltd (FLNG) is currently performing well based on its current performance indicators. A quick ratio of 2.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.79. Likewise, its price to free cash flow for the trailing twelve months is 7.14.
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)
The latest stats from [Flex Lng Ltd, FLNG] show that its last 5-days average volume of 0.45 million was inferior to 0.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 93.53%. Additionally, its Average True Range was 0.77.
During the past 100 days, Flex Lng Ltd’s (FLNG) raw stochastic average was set at 73.84%, which indicates a significant decrease from 97.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.63% in the past 14 days, which was lower than the 31.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.71, while its 200-day Moving Average is $25.88. Now, the first resistance to watch is $26.32. This is followed by the second major resistance level at $26.69. The third major resistance level sits at $27.31. If the price goes on to break the first support level at $25.34, it is likely to go to the next support level at $24.72. The third support level lies at $24.35 if the price breaches the second support level.
Flex Lng Ltd (NYSE: FLNG) Key Stats
Market capitalization of the company is 1.37 billion based on 53,871K outstanding shares. Right now, sales total 371,020 K and income totals 120,040 K. The company made 90,480 K in profit during its latest quarter, and 17,410 K in sales during its previous quarter.
