On Friday, Flex Lng Ltd (NYSE: FLNG) opened lower -2.64% from the last session, before settling in for the closing price of $25.77. Price fluctuations for FLNG have ranged from $20.85 to $30.67 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 38.47% annually for the last half of the decade. Company’s average yearly earnings per share was noted -13.55% at the time writing. With a float of $30.38 million, this company’s outstanding shares have now reached $54.09 million.
In an organization with 10 employees, it is important to assess its efficiency. 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
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 23.75%.
Flex Lng Ltd (FLNG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 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
Check out the current performance indicators for Flex Lng Ltd (FLNG). In the past quarter, the stock posted a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.66. Likewise, its price to free cash flow for the trailing twelve months is 6.90.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.38 million. That was inferior than the volume of 0.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.75%. Additionally, its Average True Range was 0.75.
During the past 100 days, Flex Lng Ltd’s (FLNG) raw stochastic average was set at 61.27%, which indicates a significant decrease from 70.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.99% in the past 14 days, which was higher than the 31.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.88, while its 200-day Moving Average is $25.89. However, in the short run, Flex Lng Ltd’s stock first resistance to watch stands at $25.54. Second resistance stands at $25.99. The third major resistance level sits at $26.31. If the price goes on to break the first support level at $24.77, it is likely to go to the next support level at $24.45. The third support level lies at $24.00 if the price breaches the second support level.
Flex Lng Ltd (NYSE: FLNG) Key Stats
There are currently 53,871K shares outstanding in the company with a market cap of 1.33 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 90,480 K and its income totaled 17,410 K.
