The trading price of Crown LNG Holdings Limited (NASDAQ:CGBS) closed lower on Friday, December 06, and closing at $0.32, -6.47% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.311 and $0.355. In examining the 52-week price action we see that the stock hit a 52-week high of $12.70 and a 52-week low of $0.25. Over the past month, the stock has lost -2.18% in value.
Crown LNG Holdings Limited, whose market valuation is $2.34 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that CGBS’s price is currently -17.36% off the SMA20 and -3.67% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.63, and weekly volatility stands at 18.92%. When measured over the past 30 days, the indicator reaches 16.85%. Crown LNG Holdings Limited (NASDAQ:CGBS)’s beta value is currently sitting at -0.12, while the Average True Range indicator is currently displaying 0.05.
To see how Crown LNG Holdings Limited stock has been performing in comparison to its peers in the industry, here are the numbers: CGBS stock’s performance was -6.47% in the latest trading, and -97.01% in the past year.
An evaluation of the daily trading volume of Crown LNG Holdings Limited (NASDAQ:CGBS) indicates that the 3-month average is 793.14K. However, this figure has increased over the past 10 days to an average of 1.23.
Currently, records show that 1.57 million of the company’s shares remain outstanding. The insiders hold 84.64% of outstanding shares, whereas institutions hold 27.85%. The stats also highlight that short interest as of 2024-11-15, stood at 0.73 million shares, resulting in a short ratio of 0.73 at that time. From this, we can conclude that short interest is 145.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were up slightly from the previous month’s figure, which was 0.56 million. However, since the stock’s price has seen -97.14% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
