The news about Golar LNG (NASDAQ: GLNG) has been somewhat positive this week, Accern reports. The research group identifies positive and negative reporting by monitoring more than 20 million news and blog sources. Accern ranks the coverage of listed companies on a scale from negative to positive, with scores closest to one being the most favorable. Golar LNG earned a media score of 0.18 on the Accern scale. Accern also gave the press an impact score of 46.7416313932368 out of 100, which means that recent reporting is unlikely to have an effect on the company's stock price in the short term.
Here are some of the media stories that may affect the Accern Sentiment Analysis rankings:
Shares of GLNG shares exchanged $ 0.40 on Friday and reached $ 25.82. 2,190,906 shares of the company were traded, compared to the average volume of 1,200,908. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.28 and a ratio of 0.28. Golar LNG has a year low of $ 19.32 and a year of $ 35.54. The stock has a market capitalization of $ 2.55 billion, a PE ratio of -17.56 and a beta of 0.52.
Golar LNG (NASDAQ: GLNG) last published its earnings on Thursday 31 May. The shipping company reported ($ 0.20) earnings per share for the quarter, with the Zacks consensus estimate of ($ 0.16) being missed by ($ 0.04). The company posted sales of $ 66.19 million in the quarter compared to analyst estimates of $ 60.45 million. Golar LNG had a negative return on equity of 7.10% and a negative net margin of 73.05%. analysts expect that after the end of the current financial year, Golar LNG will earn a profit per share of -0.27.
GLNG has been the subject of several reports from research analysts. BTIG Research started with the coverage of Golar LNG shares in a research report on Wednesday 18 July. They set a "buy" rating and a price target of $ 35.00 for the company. BidaskClub reduced Golar LNG shares from a & # 39; hold & # 39; credit to & # 39; sell & # 39; credit in a report on Tuesday 7 August. Bank of America relocated Golar LNG shares from a "buy" rating to a "neutral" rating and lowered their price target for the shares from $ 31.00 to $ 30.00 in a report on Thursday, July 12. Morgan Stanley set a target price of $ 31.00 on Golar LNG shares and gave the shares a "buy" rating in a report on Friday, June 1. Finally, Citigroup lowered its price target on Golar LNG shares from $ 35.00 to $ 32.00 and placed a "buy" rating for the company in a report on Friday, June 1. Two research analysts have rated the shares with a sell rating, one has a hold rating and eight have assigned a buy-rating to the company's shares. Golar LNG currently has an average rating of "Buy" and an average price target of $ 37.14.
Golar LNG Company profile
Golar LNG Limited, a midstream liquefied natural gas company (LNG), engages in transport, regasification and liquefaction of LNG. It works in three segments: vessel operations, floating liquefied natural gas ship (FLNG) and power. The company is engaged in the acquisition, ownership, operation and chartering of LNG tankers and floating storage regasification units (FSRUs); and the development of LNG projects.
See also: Technical analysis of shares and what this means
Receive news and reviews for Golar LNG Daily – Enter your email address below to receive a concise, daily summary of the latest news and reviews from analysts for Golar LNG and related companies with the FREE daily email newsletter from MarketBeat.com.