The transportation industry closed the day up 1%. General Maritime Corporation ( GMR), Frozen Food Express Industries ( FFEX), YRC Worldwide Inc ( YRCW), and USA Truck ( USAK) were all decliners today within the transportation industry with Golar LNG ( GLNG) being today's featured transportation loser. Golar LNG fell 32 cents (-0.8%) to $37.93 on average volume. Throughout the day, 711,504 shares of Golar LNG exchanged hands as compared to its average daily volume of 725,600 shares. Golar LNG Limited, a mid-stream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction and trading of LNG. It acquires, owns, operates, and charters LNG carriers and floating storage regasification units (FSRUs). Golar LNG has a market cap of $2.9 billion and is part of the services sector. The company has a P/E ratio of 3630, above the S&P 500 P/E ratio of 17.7. Shares are up 154.8% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Golar LNG as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow.
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