Today's Pre-Market Mover With Heavy Volume: Golar LNG (GLNG)

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Trade-Ideas LLC identified Golar LNG ( GLNG) as a pre-market mover with heavy volume 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 $51.7 million.
  • GLNG traded 130,205 shares today in the pre-market hours as of 8:30 AM, representing 11.5% of its average daily volume.

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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 5%. GLNG has a PE ratio of 22.6. Currently there are 5 analysts that rate Golar LNG a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Golar LNG has been 1.6 million shares per day over the past 30 days. Golar LNG has a market cap of $3.4 billion and is part of the services sector and transportation industry. Shares are down 1% year-to-date as of the close of trading on Friday.

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