NEW YORK (

TheStreet

) --

Golar LNG

(Nasdaq:

GLNG

) hit a new 52-week high Tuesday as it is currently trading at $33.79, above its previous 52-week high of $32.99 with 90,713 shares traded as of 9:37 a.m. ET. Average volume has been 799,600 shares over the past 30 days.

Golar LNG has a market cap of $2.2 billion and is part of the

services

sector and

transportation

industry. Shares are up 114.9% year to date as of the close of trading on Friday.

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Golar LNG Limited, a mid-stream liquefied natural gas company (LNG), engages primarily in the transportation, regasification, and liquefaction of LNG. It acquires, owns, operates, and charters LNG carriers and floating storage regasification units (FSRUs). The company has a P/E ratio of 3226, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Golar LNG as a

hold

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full

Golar LNG Ratings Report

.

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