Crown LNG Holdings Limited (NASDAQ:CGBS) shares, rose in value, with the stock price down by -1.02% to the previous day’s close as strong demand from buyers drove the stock to $0.23.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.24. Referring to stock’s 52-week performance, its high was $12.70, and the low was $0.20. On the whole, CGBS has fluctuated by -35.38% over the past month.
With the market capitalization of Crown LNG Holdings Limited currently standing at about $107.76 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
The stock’s technical analysis shows that the price of CGBS currently trading nearly -20.07% and -48.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.24, while the 7-day volatility ratio is showing 13.76% which for the 30-day chart, stands at 14.70%. Furthermore, Crown LNG Holdings Limited (CGBS)’s beta value is -0.10, and its average true range (ATR) is 0.06.
A comparison of Crown LNG Holdings Limited (CGBS) with its peers suggests the former has fared considerably weaker in the market. CGBS showed an intraday change of -1.02% in today’s session so far, and over the past year, it shrunk by -97.92%%.
Data on historical trading for Crown LNG Holdings Limited (NASDAQ:CGBS) indicates that the trading volumes over the past 3 months, they’ve averaged 18.09 million. According to company’s latest data on outstanding shares, there are 461.31 million shares outstanding.
Nearly 50.70% of Crown LNG Holdings Limited’s shares belong to company insiders and institutional investors own 0.55% of the company’s shares. The stock has fallen by -41.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CGBS stock heading into the next quarter.
