Stocks Movement Analysis: Golar LNG Ltd. (NASDAQ:GLNG)


Golar LNG Ltd. (NASDAQ:GLNG) added 12.08% and closed its last session at $24.4. The stock has the market capitalization of $2.44 Billion with the total outstanding shares of 100.06 Million. Golar LNG Ltd.. has Analysts’ Mean Recommendation of 1.06 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 0.

Golar LNG Ltd. (NASDAQ:GLNG) touched its 52-Week High of $26.49 on Nov 17, 2016 while it’s 52-Week Low of $9.42 on Jan 20, 2016. The company currently has Return on Assets of -8.7 percent, Return on Equity of -20.1% and Return on Investment of -1.3 percent. The stock currently showing Weekly Volatility of 5.95%% and Monthly Volatility of 5.09% Percent with Average True Range of 1.36 and Beta of 0.81.

The 17 analysts offering 12-month price forecasts for Golar LNG Ltd have a median target of 35.00, with a high estimate of 70.00 and a low estimate of 20.00. The median estimate represents a +43.44% increase from the last price of 24.40.

Press Release:

Reference is made to the third quarter 2016 on 30 November report released on November 30, 2016. Golar LNG will be trading ex-dividend of a total dividend of $0.05 per share on December 12, 2016. The record date will be December 14, 2016 and the dividend will be paid on or about January 6, 2017.

Company Profile:

GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries.