Today Golar LNG (GLNG) Hits New Lifetime High

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Trade-Ideas LLC identified Golar LNG ( GLNG) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Golar LNG as such a stock due to the following factors:

  • GLNG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $211.4 million.
  • GLNG has traded 105,747 shares today.
  • GLNG is trading at a new lifetime high.

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More details on GLNG:

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, is engaged in the transportation, regasification and liquefaction, and trading of LNG. The company operates in two segments, Vessel Operations and Commodity Trading. The stock currently has a dividend yield of 2.7%. GLNG has a PE ratio of 42.5. Currently there are 5 analysts that rate Golar LNG a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Golar LNG has been 1.4 million shares per day over the past 30 days. Golar LNG has a market cap of $6.3 billion and is part of the services sector and transportation industry. The stock has a beta of 0.91 and a short float of 10.6% with 1.32 days to cover. Shares are up 88.3% year-to-date as of the close of trading on Monday.

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How Will Golar (GLNG) Stock React to Wednesday's Q2 Results?